BCE Inc.

BCE Inc.

BCEPF
BCE Inc.US flagOther OTC
15.02
USD
- -
- -
14.01BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
14.97
13.02
15.04
16.77
18.09
18.21
18.88
18.78
20.5
20.07
18.15
14.84
21.16
22.14
Tangible Book Value per Share
-8.14
-9.12
-7.55
-7.3
-8.2
-8.35
-7.69
-7.43
-8.26
-9.63
-12.05
-14.81
-11.51
-11.11
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
20,400
21,042
21,514
21,719
22,757
23,468
23,793
22,883
23,449
24,174
24,673
24,409
24,468
24,797
Operating Margin (%)
23.08
23.05
23.85
24.31
23.9
23.53
23.8
22.74
22.53
22.65
22.29
22.73
22.15
21.57
Depreciation Expense
3,380
3,452
3,420
3,508
3,844
4,014
4,344
4,404
4,609
4,723
4,918
5,041
5,238
5,411
Net Income, GAAP
2,106
2,500
2,678
3,031
2,994
2,929
3,191
2,634
2,840
2,868
2,263
344
6,460
6,420
Effective Tax Rate (%)
25.75
25.47
25.29
26.45
25.95
25.08
25.94
24.26
26.52
24.84
29.97
60.61
15.48
15.61
Profit Margin (%)
10.32
11.88
12.45
13.96
13.16
12.48
13.41
11.51
12.11
11.86
9.17
1.41
26.4
25.89
Working Capital
-2,820
-4,541
-5,184
-4,344
-5,077
-4,636
-4,257
-2,583
-2,915
-4,982
-4,209
-5,923
-5,449
-2,752
LT Debt
16,341
16,355
15,390
16,572
18,215
19,760
22,415
23,906
27,048
27,783
31,135
32,835
34,904
37,522
Total Equity
16,250
15,239
17,329
18,916
20,625
20,689
21,408
21,329
22,941
22,515
20,557
17,360
23,310
24,178
Return on Invested Capital (%)
10.52
10.15
10.44
9.92
9.49
9.23
8.97
8.23
7.73
7.68
6.9
3.8
7.46
7.38
Return on Capital (%)
7.63
8.44
9.06
9.3
8.64
8.16
8.54
7.15
7.15
6.86
5.81
1.72
12.94
12.96
Return on Common Equity (%)
17.88
20.95
21.08
20.96
18.55
17.06
18.19
14.67
15.21
14.7
11.91
1.08
37.9
35.53

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
6,155
5,513
4,254
LT Borrowings
34,904
37,447
37,522
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
3,288
3,250
3,216
Shares Outstanding
933
933
933
Market Capitalization
18,671
19,716
20,503

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
7,407
8,373
7,544
Cash, Cash Equivalents & STI
320
1,376
479
Accounts Receivable, Net
3,949
4,305
4,173
Inventories
389
326
449
Total Current Liabilities
12,856
11,367
10,296
Payables & Accruals
5,102
4,941
5,205
ST Debt
6,155
5,513
4,254
Deferred Revenue
872
906
837

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.73%
3.14%
34.27%
Free Cash Flow
3.25%
0.29%
0.07%
Net Income, GAAP
168.21%
336.17%
1,777.91%
Sales/Revenue/Turnover
1.32%
1.36%
0.24%
Total Cash Common Dividend
0.87%
-4.78%
-44.13%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,011
6,005
5,971
6,422
24,409
2025
5,930
6,085
6,049
6,404
24,468
2026
6,168
6,176
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- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Mirko Bibic
Full Time Employees
38,683
Sector
Communication Services
Industry
Telecommunications Services
Address
1 Carrefour Alexander-Graham-Bell Verdun QC Canada H3E 3B3
IPO Date
Mar 29, 2021
Website
bce.ca
Business
BCE Inc. is Canada's largest communications company, providing wireless, wireline, internet, television, media, and business communications services through its primary subsidiary Bell Canada. The company offers Bell Pure Fibre Internet, Fibe TV, residential and business voice services, mobile data and voice over 5G+, 5G and 4G LTE networks, wireless home internet, and U.S. Pacific Northwest fibre services via Ziply Fiber; Bell Business Markets delivers AI, cloud, security, IoT, collaboration, contact center, managed and professional services through brands including Ateko, Bell AI Fabric and Bell Cyber; Bell Media operates CTV and Noovo television networks, specialty channels such as TSN and RDS, bilingual streaming service Crave, iHeartRadio Canada, radio stations and out-of-home advertising. BCE operates extensive retail distribution with over 8,000 points across Canada under brands including Bell, Virgin Plus, Lucky Mobile, Best Buy Express and Glentel; it serves residential, business, government and wholesale customers primarily in Canada with expansion into the U.S. Pacific Northwest. Founded in 1983 through reorganization of Bell Canada entities and headquartered at 1 Carrefour Alexander-Graham-Bell in Verdun, Montreal, Quebec, BCE maintains major subsidiaries Bell Canada, Bell Mobility and Bell Media. Recent developments include the August 2025 completion of its $5 billion acquisition of Ziply Fiber to accelerate U.S. fibre growth, establishing Bell as North America's third-largest fibre provider; formation of Network FiberCo with PSP Investments, where BCE holds 49% equity to develop up to 6 million additional fibre passings supported by over US$1.5 billion commitment; sale of its 37.5% stake in Maple Leaf Sports & Entertainment to Rogers Communications for $4.7 billion in July 2025 to fund tech transformation; announcement of a three-year strategic plan targeting 2%-4% revenue CAGR through 2028 via fibre, wireless, AI enterprise solutions and digital media investments; and plans to resell fibre internet in Western Canada using rivals' networks.