BCE Inc.

BCE Inc.

29.10
CAD
+1.02
(+3.63%)
6.96EPS
4.54P/E
28.49BMarket Cap
Nov 05Next Earn

Total Valuation

CAD

As of June 30, 2026, BCE Inc. carries a market capitalization of 28.49B, placing it among publicly traded companies globally. Its enterprise value stands at 73.32B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap28.49B
Enterprise Value73.32B

Important Dates

BCE Inc.'s next confirmed earnings release is scheduled for November 5, 2026.

Earnings Date11/5/2026

Share Statistics

As of June 30, 2026, BCE Inc. has 932.53M shares outstanding.

Shares Outstanding932.53M

Valuation Ratios

As of June 30, 2026, BCE Inc. trades at a trailing price-to-earnings ratio of 4.54. The price-to-sales ratio is 1.15, and the price-to-book ratio stands at 1.38.

PE Ratio4.54
PS Ratio1.15
PB Ratio1.38
P/TBV Ratio-2.75
P/FCF Ratio4.19
P/OCF Ratio4.19

Enterprise Valuation

As of June 30, 2026, BCE Inc. trades at an EV/EBITDA multiple of 7.78 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 2.96 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 18.30 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. BCE Inc. trades at an EV/FCF ratio of 8.81, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 73.32B versus a market cap of 28.49B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales2.96
EV / EBITDA7.78
EV / EBIT18.30
EV / FCF8.81

Financial Position

As of June 30, 2026, BCE Inc. maintains a current ratio of 0.73, meaning it holds 0.7x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 172.79, indicating elevated leverage, while an interest coverage ratio of 5.17 demonstrates adequate ability to service its debt obligations.

Current Ratio0.73
Quick Ratio0.50
Debt / Equity172.79
Debt / EBITDA4.44
Interest Coverage5.17

Financial Efficiency

CAD

Over the twelve months ended June 30, 2026, BCE Inc. posted a return on equity (ROE) of 35.53, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 5.53 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 8.44, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 12.96, useful for judging operating efficiency across full business cycles. The company generates approximately 634,036.27 in revenue per employee across its workforce of 39,109.75, a quick read on workforce productivity versus industry peers. Inventory turnover of 17.22 indicates how many times BCE Inc. sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)35.53
Return on Assets (ROA)8.44
Return on Invested Capital (ROIC)5.53
Return on Capital Employed (ROCE)12.96
Revenue Per Employee634,036.27
Employee Count39,109.75
Inventory Turnover17.22

Taxes

CAD

Over the twelve months ended June 30, 2026, BCE Inc. recorded 1.20B in income tax expense. That works out to an effective tax rate of 15.61, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 7.68B, leaving 6.42B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax1.20B
Effective Tax Rate15.61

Stock Price Statistics

CAD

As of the close on October 22, 2026, BCE Inc.'s stock has declined approximately 13.50% over the past 52 weeks. The 50-day moving average sits at 30.70, while the 200-day moving average is 32.71.

52-Week Price Change-13.50%
50-Day Moving Average30.70
200-Day Moving Average32.71

Income Statement

CAD

Over the twelve months ended June 30, 2026, BCE Inc. generated 24.80B in revenue and converted that into 6.42B in net income, yielding earnings per share of 6.96. EBITDA reached 9.42B, while operating income came in at 5.35B.

Revenue24.80B
Gross Profit17.03B
Operating Income5.35B
Pretax Income7.68B
Net Income6.42B
EBITDA9.42B
EBIT4.01B
Earnings Per Share (EPS)6.96

Balance Sheet

CAD

As of June 30, 2026, BCE Inc. holds 479.00M in cash and equivalents against 41.78B in total debt, resulting in a net debt position of 41.30B. Total book value stands at 20.65B, with working capital of -2.75B providing operational flexibility.

Cash & Cash Equivalents479.00M
Total Debt41.78B
Net Debt41.30B
Equity (Book Value)20.65B
Book Value Per Share22.14
Working Capital-2.75B

Cash Flow

CAD

BCE Inc. produced 6.79B in operating cash flow over the twelve months ended June 30, 2026.

Operating Cash Flow6.79B
Free Cash Flow6.79B
FCF Per Share7.29

Margins

Over the twelve months ended June 30, 2026, BCE Inc. posted a gross margin of 68.68, reflecting its pricing power and cost economics. The operating margin of 21.57 and net profit margin of 25.89 provide insight into operational efficiency.

Gross Margin68.68
Operating Margin21.57
Pretax Margin30.98
Profit Margin25.89
EBITDA Margin37.98

Dividends & Yields

CAD

Over the twelve months ended June 30, 2026, BCE Inc. paid dividends of 1.91 per share. The dividend payout ratio of 25.45 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 23.85, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 8.37, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to BCE Inc. shareholders.

Dividend Per Share1.91
Payout Ratio25.45
Shareholder Yield8.37
FCF Yield23.85

Stock Splits

BCE Inc.'s most recent stock split took place on July 11, 2006 with a 200:183 split ratio.

Last Split Date7/11/2006
Split Ratio200:183

Scores

As of June 30, 2026, BCE Inc. has an Altman Z-Score of 1.02, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score1.02