BCE Financial Statements From 2010 to 2025

BCE Stock  USD 23.36  0.13  0.56%   
BCE's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing BCE's valuation are provided below:
Gross Profit
10.9 B
Profit Margin
0.0247
Market Capitalization
21.8 B
Enterprise Value Revenue
2.8972
Revenue
24.4 B
There are over one hundred nineteen available fundamental signals for BCE Inc, which can be analyzed over time and compared to other ratios. Investors should ensure to validate all of BCE's prevailing performance against the performance from 2010 to 2025 to make sure the company is sustainable in the coming quarters. As of October 6, 2025, Market Cap is expected to decline to about 36.1 B. In addition to that, Enterprise Value is expected to decline to about 46.5 B

BCE Total Revenue

22.64 Billion

Check BCE financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BCE's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.5 B, Interest Expense of 1.8 B or Selling General Administrative of 2.4 B, as well as many indicators such as Price To Sales Ratio of 1.18, Dividend Yield of 0.13 or PTB Ratio of 1.69. BCE financial statements analysis is a perfect complement when working with BCE Valuation or Volatility modules.
  
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Check out the analysis of BCE Correlation against competitors.

BCE Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets48.9 B73.5 B53.4 B
Slightly volatile
Short and Long Term Debt Total40.2 B38.3 B24.6 B
Slightly volatile
Other Current Liabilities5.7 B5.4 B3.4 B
Slightly volatile
Total Current Liabilities8.6 B14.8 B9.3 B
Slightly volatile
Total Stockholder Equity16.3 B17.1 B17.5 B
Slightly volatile
Property Plant And Equipment Net23.7 B30 B24 B
Slightly volatile
Net Debt38.6 B36.7 B24.1 B
Slightly volatile
Cash1.7 B1.6 B550 M
Slightly volatile
Non Current Assets Total42.5 B64.6 B47.8 B
Slightly volatile
Non Currrent Assets OtherB6.2 B2.6 B
Slightly volatile
Cash And Short Term Investments2.1 BB663.9 M
Slightly volatile
Net Receivables2.9 BB3.7 B
Slightly volatile
Common Stock Shares Outstanding830.7 M912.3 M837.3 M
Slightly volatile
Liabilities And Stockholders Equity49 B73.5 B53.4 B
Slightly volatile
Non Current Liabilities Total22.2 B41.3 B26 B
Slightly volatile
Inventory579 M420 M490.9 M
Pretty Stable
Other Current Assets836.9 M1.6 B840 M
Slightly volatile
Other Stockholder Equity1.2 B1.3 B1.8 B
Pretty Stable
Total Liabilities30.7 B56.1 B35.4 B
Slightly volatile
Property Plant And Equipment Gross93 B88.5 B42.3 B
Slightly volatile
Total Current Assets4.6 B8.9 B5.6 B
Slightly volatile
Short Term Debt5.8 B5.5 BB
Slightly volatile
Intangible Assets17.6 B16.8 B12.2 B
Slightly volatile
Accounts Payable2.9 BB2.7 B
Slightly volatile
Other Liabilities9.1 B8.7 B5.7 B
Slightly volatile
Long Term Debt17.1 B32.8 B19.3 B
Slightly volatile
Good Will8.9 B10.3 B9.6 B
Slightly volatile
Property Plant Equipment23.3 B30 B23.8 B
Slightly volatile
Current Deferred Revenue735.6 M774 M720.4 M
Slightly volatile
Long Term Debt Total25.9 B32.8 B21.1 B
Slightly volatile
Capital Surpluse1.3 B1.3 B1.2 B
Slightly volatile
Net Invested Capital50.4 B50.8 B42.9 B
Slightly volatile
Capital Stock26.9 B24.4 B24.4 B
Slightly volatile

BCE Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization3.5 BB3.8 B
Slightly volatile
Selling General Administrative2.4 B4.2 BB
Slightly volatile
Total Revenue22.6 B24.4 B21.9 B
Slightly volatile
Gross Profit11.1 B16.7 B11.3 B
Slightly volatile
Other Operating Expenses14.4 B18.9 B17.1 B
Slightly volatile
Operating Income4.4 B5.5 B4.9 B
Slightly volatile
EBIT4.3 B2.7 B4.5 B
Very volatile
EBITDA7.8 B7.7 B8.3 B
Slightly volatile
Cost Of Revenue8.4 B7.7 B10.3 B
Very volatile
Total Operating Expenses10.3 B11.2 B11.9 B
Very volatile
Income Before Tax904.4 M952 M3.3 B
Pretty Stable
Net Income326.8 M344 M2.3 B
Pretty Stable
Income Tax Expense986.7 M577 M917.1 M
Pretty Stable
Research Development62.7 M66 M246.8 M
Slightly volatile
Net Income Applicable To Common Shares154.8 M163 M2.1 B
Pretty Stable
Selling And Marketing Expenses3.2 B2.3 B3.7 B
Slightly volatile
Tax Provision769.5 M577 M938 M
Pretty Stable
Interest Income210.9 M222 M800.7 M
Slightly volatile
Reconciled Depreciation4.9 BB4.2 B
Slightly volatile

BCE Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow1.8 B2.6 B2.6 B
Slightly volatile
Begin Period Cash Flow570.1 M772 M434.3 M
Very volatile
Depreciation3.8 BB3.9 B
Slightly volatile
Dividends PaidB3.8 B2.6 B
Slightly volatile
Capital Expenditures4.2 B4.4 B4.2 B
Slightly volatile
Total Cash From Operating ActivitiesBB6.8 B
Slightly volatile
Net Income356.2 M375 M2.4 B
Slightly volatile
End Period Cash Flow1.7 B1.6 B568 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.181.24542.7621
Slightly volatile
Dividend Yield0.130.1250.0616
Slightly volatile
PTB Ratio1.691.78073.9451
Slightly volatile
Days Sales Outstanding69.4874.259162.9021
Slightly volatile
Book Value Per Share17.5419.028821.0067
Slightly volatile
Free Cash Flow Yield0.08840.08420.0588
Slightly volatile
Operating Cash Flow Per Share5.467.65987.9046
Pretty Stable
Average Payables5.7 B3.1 B2.9 B
Slightly volatile
Capex To Depreciation1.210.87841.1056
Pretty Stable
PB Ratio1.691.78073.9451
Slightly volatile
EV To Sales2.612.75063.8179
Slightly volatile
Free Cash Flow Per Share1.522.80612.9806
Very volatile
ROIC0.06840.06550.1167
Pretty Stable
Inventory Turnover18.132.076228.2422
Very volatile
Net Income Per Share0.360.37712.7183
Slightly volatile
Days Of Inventory On Hand10.8111.379214.8353
Slightly volatile
Payables Turnover3.164.54984.7886
Slightly volatile
Sales General And Administrative To Revenue0.02660.030.0327
Slightly volatile
Average Inventory324.8 M341.9 M354 M
Slightly volatile
Research And Ddevelopement To Revenue0.00260.00270.0107
Slightly volatile
Capex To Revenue0.140.18140.1862
Pretty Stable
Cash Per Share2.272.16160.7822
Slightly volatile
POCF Ratio4.134.359.1393
Slightly volatile
Interest Coverage5.676.10257.1995
Slightly volatile
Payout Ratio11.611.04652.2618
Slightly volatile
Capex To Operating Cash Flow0.860.63370.6345
Pretty Stable
PFCF Ratio12.4711.874226.8832
Slightly volatile
Days Payables Outstanding11680.223180.3909
Very volatile
Income Quality21.3320.3144.9697
Slightly volatile
ROE0.01910.02020.1319
Slightly volatile
EV To Operating Cash Flow9.139.607912.592
Slightly volatile
PE Ratio66.0188.365835.3499
Pretty Stable
Return On Tangible Assets0.0070.00740.0723
Slightly volatile
EV To Free Cash Flow27.5426.226536.9504
Slightly volatile
Earnings Yield0.01080.01130.0492
Slightly volatile
Intangibles To Total Assets0.390.36810.372
Slightly volatile
Net Debt To EBITDA4.454.24032.9688
Slightly volatile
Current Ratio0.850.6010.6353
Pretty Stable
Receivables Turnover5.194.91525.8643
Slightly volatile
Graham Number11.9712.599834.584
Slightly volatile
Shareholders Equity Per Share15.6218.71220.3921
Slightly volatile
Debt To Equity2.362.24441.3852
Slightly volatile
Capex Per Share5.414.85375.0158
Slightly volatile
Average Receivables1.9 B1.9 B1.8 B
Pretty Stable
Revenue Per Share30.6826.755526.3971
Slightly volatile
Interest Debt Per Share46.1143.91129.8636
Slightly volatile
Debt To Assets0.290.52140.42
Slightly volatile
Enterprise Value Over EBITDA7.367.748411.22
Slightly volatile
Short Term Coverage Ratios2.181.59142.5012
Pretty Stable
Price Earnings Ratio66.0188.365835.3499
Pretty Stable
Operating Cycle94.0985.638278.5999
Pretty Stable
Price Book Value Ratio1.691.78073.9451
Slightly volatile
Days Of Payables Outstanding11680.223180.3909
Very volatile
Dividend Payout Ratio11.611.04652.2618
Slightly volatile
Price To Operating Cash Flows Ratio4.134.359.1393
Slightly volatile
Price To Free Cash Flows Ratio12.4711.874226.8832
Slightly volatile
Pretax Profit Margin0.03710.0390.1502
Slightly volatile
Ebt Per Ebit0.08490.08930.4475
Slightly volatile
Operating Profit Margin0.460.43650.3715
Slightly volatile
Effective Tax Rate0.370.60610.2941
Slightly volatile
Company Equity Multiplier3.364.30473.0685
Slightly volatile
Long Term Debt To Capitalization0.380.65790.5066
Slightly volatile
Total Debt To Capitalization0.420.69180.5536
Slightly volatile
Return On Capital Employed0.110.18170.178
Very volatile
Debt Equity Ratio2.362.24441.3852
Slightly volatile
Ebit Per Revenue0.460.43650.3715
Slightly volatile
Quick Ratio0.730.57270.5643
Very volatile
Dividend Paid And Capex Coverage Ratio0.790.84931.0064
Slightly volatile
Net Income Per E B T0.490.36130.6706
Pretty Stable
Cash Ratio0.110.10590.0529
Pretty Stable
Operating Cash Flow Sales Ratio0.210.28630.3003
Pretty Stable
Days Of Inventory Outstanding10.8111.379214.8353
Slightly volatile
Days Of Sales Outstanding69.4874.259162.9021
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.380.36630.3805
Very volatile
Cash Flow Coverage Ratios0.350.18240.3082
Slightly volatile
Price To Book Ratio1.691.78073.9451
Slightly volatile
Fixed Asset Turnover1.070.81360.9308
Slightly volatile
Capital Expenditure Coverage Ratio1.161.57811.611
Pretty Stable
Price Cash Flow Ratio4.134.359.1393
Slightly volatile
Enterprise Value Multiple7.367.748411.22
Slightly volatile
Debt Ratio0.290.52140.42
Slightly volatile
Cash Flow To Debt Ratio0.350.18240.3082
Slightly volatile
Price Sales Ratio1.181.24542.7621
Slightly volatile
Return On Assets0.00440.00470.0446
Slightly volatile
Asset Turnover0.530.33220.4324
Slightly volatile
Net Profit Margin0.01340.01410.1046
Slightly volatile
Gross Profit Margin0.340.44810.4146
Pretty Stable
Price Fair Value1.691.78073.9451
Slightly volatile
Return On Equity0.01910.02020.1319
Slightly volatile

BCE Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap36.1 B38 B43.6 B
Slightly volatile
Enterprise Value46.5 B48.9 B53.1 B
Slightly volatile

BCE Fundamental Market Drivers

Forward Price Earnings11.8765
Cash And Short Term InvestmentsB

BCE Upcoming Events

8th of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
8th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About BCE Financial Statements

BCE stakeholders use historical fundamental indicators, such as BCE's revenue or net income, to determine how well the company is positioned to perform in the future. Although BCE investors may analyze each financial statement separately, they are all interrelated. For example, changes in BCE's assets and liabilities are reflected in the revenues and expenses on BCE's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in BCE Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue774 M735.6 M
Total Revenue24.4 B22.6 B
Cost Of Revenue7.7 B8.4 B
Sales General And Administrative To Revenue 0.03  0.03 
Capex To Revenue 0.18  0.14 
Revenue Per Share 26.76  30.68 
Ebit Per Revenue 0.44  0.46 

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When determining whether BCE Inc is a strong investment it is important to analyze BCE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BCE's future performance. For an informed investment choice regarding BCE Stock, refer to the following important reports:
Check out the analysis of BCE Correlation against competitors.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Diversified Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BCE. If investors know BCE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BCE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.057
Dividend Share
3.43
Earnings Share
0.33
Revenue Per Share
26.561
Quarterly Revenue Growth
0.013
The market value of BCE Inc is measured differently than its book value, which is the value of BCE that is recorded on the company's balance sheet. Investors also form their own opinion of BCE's value that differs from its market value or its book value, called intrinsic value, which is BCE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BCE's market value can be influenced by many factors that don't directly affect BCE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BCE's value and its price as these two are different measures arrived at by different means. Investors typically determine if BCE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BCE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.