BCE (BCE) Financials

$21.63 +0.27 (+1.26%)

Closing price 04/14/2025 03:59 PM Eastern

Extended Trading

$21.66 +0.04 (+0.16%)

As of 08:02 AM Eastern

Annual Income Statements for BCE

This table shows BCE's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	2,441	2,278	2,211	2,343	1,958	2,407	2,205	1,811	282
Consolidated Net Income / (Loss)	2,297	2,424	2,179	2,507	1,975	2,263	2,162	1,763	260
Net Income / (Loss) Continuing Operations	2,297	2,424	2,179	2,485	1,939	2,279	2,210	2,034	426
Total Pre-Tax Income	3,123	3,273	2,908	3,355	2,596	3,096	2,924	2,788	827
Total Operating Income	3,829	4,170	3,946	4,197	3,618	3,818	3,771	3,905	2,017
Total Gross Profit	6,070	7,376	6,987	7,711	6,803	6,974	7,537	7,890	7,353
Total Revenue	15,693	18,085	17,197	18,337	17,210	17,584	17,864	18,689	16,951
Operating Revenue	15,693	18,085	17,197	18,337	17,210	17,584	17,864	18,689	16,951
Total Cost of Revenue	9,623	10,708	10,210	10,625	10,407	10,610	10,327	10,798	9,597
Operating Cost of Revenue	9,623	10,708	10,210	10,625	10,407	10,610	10,327	10,798	9,597
Total Operating Expenses	2,241	3,206	3,041	3,514	3,185	3,156	3,766	3,985	5,337
Depreciation Expense	2,141	2,411	2,305	2,665	2,724	2,839	2,705	2,837	2,610
Amortization Expense	-	644	637	683	-	-	786	889	891
Impairment Charge	-	-	-	79	370	154	206	108	1,521
Restructuring Charge	100	151	100	88	91	164	69	151	315
Total Other Income / (Expense), net	-705	-897	-1,038	-842	-1,022	-722	-847	-1,117	-1,190
Interest Expense	721	897	783	916	870	847	847	1,117	1,190
Income Tax Expense	826	850	729	870	621	817	715	754	401
Other Adjustments to Consolidated Net Income / (Loss)	-	-	-	-	-	-	-47	-271	-166
Net Income / (Loss) Attributable to Noncontrolling Interest	-42	-45	-32	-48	-51	-41	-43	-48	-22
Basic Earnings per Share	$3.33	$3.20	$2.27	-	$2.76	$2.99	$2.98	$1.73	$0.13
Weighted Average Basic Shares Outstanding	869.10M	894.30M	898.60M	900.80M	904.30M	906.30M	911.50M	912.20M	912.30M
Diluted Earnings per Share	$3.33	$3.20	$2.27	-	$2.76	$2.99	$2.98	$1.73	$0.13

No quarterly income statements for BCE are available.

This table details how cash moves in and out of BCE's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	179	-181	-147	-216	62	0.00	-103	472	556
Net Cash From Operating Activities	4,943	-5,847	5,411	-6,133	6,078	6,268	6,182	6,019	4,853
Net Cash From Continuing Operating Activities	4,943	5,847	5,411	6,061	6,036	6,268	6,182	6,019	4,853
Net Income / (Loss) Continuing Operations	2,297	2,424	2,179	2,485	1,939	2,263	2,162	1,763	260
Consolidated Net Income / (Loss)	2,297	2,424	2,179	2,485	1,939	2,263	2,162	1,763	260
Depreciation Expense	2,611	3,055	2,941	3,348	3,452	3,607	3,490	3,725	3,501
Non-Cash Adjustments To Reconcile Net Income	-177	70	1,213	265	826	1,951	1,683	2,306	3,228
Changes in Operating Assets and Liabilities, net	213	299	-923	-37	-181	-1,554	-1,154	-1,775	-2,136
Net Cash From Investing Activities	-3,411	-4,321	-3,214	-3,110	-2,775	-5,493	-4,077	-4,379	-3,082
Net Cash From Continuing Investing Activities	-3,411	-4,321	-3,214	-3,102	-3,474	-5,493	-4,077	-3,621	-3,499
Purchase of Property, Plant & Equipment	-2,806	-3,206	-2,951	-3,063	-3,294	-5,427	-3,795	-3,609	-3,075
Acquisitions	-301	-1,310	-289	-39	-118	-9.39	-317	-168	-433
Divestitures	-	-	-	-	-	0.00	38	158	0.00
Other Investing Activities, net	80	-61	-23	5.39	-62	-56	-2.96	-3.03	9.72
Net Cash From Financing Activities	-1,354	-1,708	-2,343	-3,238	-3,241	-724	-2,208	-1,168	-1,215
Net Cash From Continuing Financing Activities	-1,354	-1,708	-2,343	-3,234	-3,236	-724	-2,116	-949	-1,151
Repayment of Debt	-1,872	-1,844	-2,078	-1,712	-5,208	-1,878	-1,413	-1,897	-943
Repurchase of Common Equity	-79	-178	-291	-109	-206	-232	-188	-169	-163
Payment of Dividends	-1,843	-2,124	-2,084	-2,336	-2,477	-2,616	-2,577	-2,814	-2,686
Issuance of Debt	2,407	2,393	2,195	679	4,708	3,902	1,442	3,935	2,663
Issuance of Common Equity	74	93	6.60	286	20	87	644	14	0.00
Other Financing Activities, net	-40	-48	-92	-42	-73	15	-23	-18	-22

No quarterly cash flow statements for BCE are available.

This table presents BCE's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	38,359	44,345	41,842	46,353	47,556	52,253	51,233	54,492	51,031
Total Current Assets	4,282	4,494	4,245	4,254	4,459	4,851	4,794	5,982	6,197
Cash & Equivalents	635	497	311	112	176	226	110	585	1,092
Accounts Receivable	2,224	2,487	2,203	2,341	2,766	3,091	3,058	3,053	3,117
Inventories, net	300	302	317	329	344	416	485	352	292
Prepaid Expenses	172	172	179	150	164	199	180	174	180
Other Current Assets	952	1,036	1,235	1,322	1,010	919	961	1,015	1,183
Other Current Nonoperating Assets	-	-	-	-	-	-	0.00	757	278
Plant, Property, & Equipment, net	16,625	19,095	18,205	21,298	21,568	22,098	0.00	0.00	0.00
Total Noncurrent Assets	17,452	20,756	19,392	20,800	21,529	25,304	24,820	25,519	24,001
Goodwill	6,666	8,287	7,810	8,221	8,313	8,274	8,059	8,288	7,126
Intangible Assets	8,928	10,536	9,676	10,290	10,271	12,186	11,959	12,581	11,657
Noncurrent Deferred & Refundable Income Taxes	66	114	82	76	83	82	62	73	94
Employee Benefit Assets	-	-	-	430	1,001	2,717	2,630	2,223	2,485
Other Noncurrent Operating Assets	1,157	1,171	1,823	1,246	1,269	1,521	2,109	2,354	2,639
Total Liabilities & Shareholders' Equity	38,359	44,345	41,842	46,353	47,556	52,253	51,233	54,492	51,031
Total Liabilities	24,283	27,955	26,681	29,854	30,836	34,298	34,595	38,921	38,976
Total Current Liabilities	7,515	8,529	7,642	7,535	6,484	7,132	8,475	9,171	10,310
Short-Term Debt	3,637	4,115	3,404	2,991	1,895	2,054	3,057	3,819	5,326
Accounts Payable	2,732	3,079	2,888	3,047	3,085	3,487	3,858	3,582	3,130
Dividends Payable	459	539	506	562	600	635	641	689	648
Other Taxes Payable	-	-	185	-	-	-	78	203	29
Other Current Liabilities	480	551	515	526	562	625	633	614	538
Other Current Nonoperating Liabilities	116	134	144	175	174	193	208	251	272
Total Noncurrent Liabilities	16,768	19,426	19,039	22,319	24,352	27,166	26,120	29,750	28,666
Long-Term Debt	12,332	14,475	14,480	17,275	18,740	21,169	20,531	23,584	22,802
Noncurrent Deferred & Payable Income Tax Liabilities	1,924	2,281	2,318	2,744	2,987	3,662	3,660	3,688	3,642
Noncurrent Employee Benefit Liabilities	1,566	1,675	1,367	1,470	1,538	1,357	969	968	836
Other Noncurrent Operating Liabilities	946	995	874	831	1,087	978	959	1,510	1,386
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	14,077	16,390	15,160	16,499	16,720	17,955	16,638	15,571	12,056
Total Preferred & Common Equity	13,843	16,134	14,922	16,241	16,453	17,715	16,389	15,323	11,855
Preferred Stock	863	923	857	908	920	906	866	953	888
Total Common Equity	12,980	15,210	14,064	15,333	15,533	16,810	15,523	14,370	10,967
Common Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Retained Earnings	-3,704	-3,924	-3,618	-3,570	-3,669	-2,661	-2,697	-4,176	-5,862
Accumulated Other Comprehensive Income / (Loss)	34	-14	66	124	81	167	-41	-32	-110
Other Equity Adjustments	16,650	19,148	17,616	18,779	19,122	19,304	18,260	18,577	16,940
Noncontrolling Interest	234	257	239	257	267	239	249	248	201

No quarterly balance sheets for BCE are available.

This table displays calculated financial ratios and metrics derived from BCE's official financial filings.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	15.24%	-4.91%	6.63%	-6.14%	2.17%	1.59%	4.62%	-9.30%
EBITDA Growth	0.00%	11.93%	-8.21%	14.86%	-9.19%	9.14%	-3.83%	5.09%	-27.69%
EBIT Growth	0.00%	8.48%	-11.50%	15.70%	-18.84%	13.77%	-4.36%	3.56%	-48.36%
NOPAT Growth	0.00%	9.66%	-4.26%	5.14%	-11.46%	2.10%	1.40%	-0.03%	-63.50%
Net Income Growth	0.00%	5.51%	-10.12%	15.08%	-21.23%	14.62%	-4.47%	-18.48%	-85.23%
EPS Growth	0.00%	-3.90%	-29.01%	0.00%	0.00%	8.33%	-0.33%	-42.05%	-92.76%
Operating Cash Flow Growth	0.00%	-218.28%	192.54%	-213.35%	199.11%	3.11%	-1.37%	-2.63%	-19.37%
Free Cash Flow Firm Growth	0.00%	0.00%	297.36%	-108.83%	722.31%	-149.66%	2,325.66%	-89.33%	-48.01%
Invested Capital Growth	0.00%	17.57%	-3.26%	10.39%	1.38%	10.50%	-53.14%	1.05%	-1.72%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-
Gross Margin	38.68%	40.79%	40.63%	42.05%	39.53%	39.66%	42.19%	42.22%	43.38%
EBITDA Margin	41.13%	79.91%	38.57%	41.55%	40.20%	42.94%	40.65%	40.83%	32.55%
Operating Margin	24.40%	23.06%	22.95%	22.89%	21.02%	21.71%	21.11%	20.90%	11.90%
EBIT Margin	24.50%	23.06%	21.46%	23.29%	20.14%	22.42%	21.11%	20.90%	11.90%
Profit (Net Income) Margin	14.64%	26.81%	12.67%	13.67%	11.47%	12.87%	12.10%	9.43%	1.54%
Tax Burden Percent	73.55%	74.05%	74.92%	74.73%	76.08%	73.10%	73.94%	63.22%	31.49%
Interest Burden Percent	81.24%	78.49%	78.78%	78.56%	74.89%	78.52%	77.54%	71.39%	41.01%
Effective Tax Rate	26.45%	25.95%	25.08%	25.94%	23.92%	26.39%	24.44%	27.06%	48.45%
Return on Invested Capital (ROIC)	9.59%	31.62%	8.71%	8.85%	7.42%	7.15%	9.40%	14.65%	5.36%
ROIC Less NNEP Spread (ROIC-NNEP)	6.20%	5.69%	4.43%	5.73%	3.62%	4.66%	4.12%	-17.85%	-8.63%
Return on Net Nonoperating Assets (RNNOA)	6.73%	12.48%	5.10%	6.99%	4.47%	5.91%	3.10%	-3.70%	-3.48%
Return on Equity (ROE)	16.32%	15.91%	13.81%	15.84%	11.89%	13.06%	12.50%	10.94%	1.89%
Cash Return on Invested Capital (CROIC)	0.00%	-3.63%	12.03%	-1.03%	6.04%	-2.83%	81.77%	13.61%	7.10%
Operating Return on Assets (OROA)	10.02%	10.09%	8.57%	9.68%	7.38%	7.90%	7.29%	7.39%	3.82%
Return on Assets (ROA)	5.99%	5.86%	5.06%	5.69%	4.21%	4.54%	4.18%	3.33%	0.49%
Return on Common Equity (ROCE)	15.05%	14.72%	12.81%	14.71%	11.05%	12.18%	11.68%	10.16%	1.73%
Return on Equity Simple (ROE_SIMPLE)	16.60%	15.02%	14.60%	15.44%	12.00%	12.78%	13.19%	11.50%	2.20%
Net Operating Profit after Tax (NOPAT)	2,816	3,088	2,957	3,109	2,752	2,810	2,850	2,849	1,040
NOPAT Margin	17.95%	17.08%	17.19%	16.95%	15.99%	15.98%	15.95%	15.24%	6.13%
Net Nonoperating Expense Percent (NNEP)	3.40%	3.98%	4.28%	3.12%	3.79%	2.49%	5.28%	32.50%	14.00%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	6.63%	2.59%
Cost of Revenue to Revenue	61.32%	59.21%	59.37%	57.95%	60.47%	60.34%	57.81%	57.78%	56.62%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	14.28%	17.73%	17.68%	19.17%	18.51%	17.95%	21.08%	21.32%	31.48%
Earnings before Interest and Taxes (EBIT)	3,844	4,170	3,691	4,270	3,466	3,943	3,771	3,905	2,017
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	6,455	7,225	6,632	7,618	6,918	7,550	7,261	7,631	5,517
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	2.14	2.05	1.99	2.37	2.31	2.25	1.93
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	0.00	1.75	1.71	1.80	2.27	2.00	1.73	1.25
Price to Earnings (P/E)	0.00	0.00	13.60	13.40	15.82	16.56	16.23	17.88	75.00
Dividend Yield	7.40%	6.82%	8.11%	6.83%	7.28%	6.33%	7.73%	8.08%	12.50%
Earnings Yield	0.00%	0.00%	7.35%	7.46%	6.32%	6.04%	6.16%	5.59%	1.33%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	1.46	1.42	1.39	1.54	3.12	3.09	2.56
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	2.83	2.85	3.02	3.61	3.38	3.23	2.91
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	7.35	6.85	7.52	8.41	8.32	7.92	8.93
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	13.20	12.22	15.01	16.10	16.01	15.47	24.43
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	16.48	16.78	18.90	22.59	21.19	21.21	47.39
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	9.01	0.00	8.56	10.13	9.77	10.04	10.15
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	11.93	0.00	23.20	0.00	2.44	22.83	35.82
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	1.13	1.13	1.18	1.23	1.23	1.29	1.42	1.76	2.33
Long-Term Debt to Equity	0.88	0.88	0.96	1.05	1.12	1.18	1.23	1.51	1.89
Financial Leverage	1.09	1.10	1.15	1.22	1.23	1.27	0.75	0.21	0.40
Leverage Ratio	2.73	5.43	2.73	2.79	2.83	2.88	2.99	3.28	3.82
Compound Leverage Factor	2.21	2.13	2.15	2.19	2.12	2.26	2.32	2.34	1.57
Debt to Total Capital	53.15%	53.14%	54.12%	55.12%	55.24%	56.40%	58.64%	63.77%	70.00%
Short-Term Debt to Total Capital	12.10%	11.76%	10.30%	8.14%	5.07%	4.99%	7.60%	8.89%	13.25%
Long-Term Debt to Total Capital	41.05%	41.38%	43.82%	46.99%	50.17%	51.41%	51.04%	54.88%	56.75%
Preferred Equity to Total Capital	2.87%	2.64%	2.59%	2.47%	2.46%	2.20%	2.15%	2.22%	2.21%
Noncontrolling Interests to Total Capital	0.78%	0.00%	0.72%	0.70%	0.71%	0.58%	0.62%	0.58%	0.50%
Common Equity to Total Capital	43.20%	43.48%	42.56%	41.71%	41.58%	40.82%	38.59%	33.44%	27.29%
Debt to EBITDA	2.47	2.57	2.70	2.66	2.98	3.08	3.25	3.59	5.10
Net Debt to EBITDA	2.28	4.86	2.65	2.57	2.87	2.98	3.23	3.51	4.90
Long-Term Debt to EBITDA	1.91	2.00	2.18	2.27	2.71	2.80	2.83	3.09	4.13
Debt to NOPAT	5.67	6.02	6.05	6.52	7.50	8.26	8.28	9.62	27.05
Net Debt to NOPAT	5.22	5.65	5.94	6.31	7.22	8.00	8.24	9.41	26.00
Long-Term Debt to NOPAT	4.38	9.37	4.90	5.56	6.81	7.53	7.21	8.28	21.93
Altman Z-Score	0.00	0.00	1.16	1.14	1.05	1.16	1.05	0.90	0.53
Noncontrolling Interest Sharing Ratio	7.79%	14.95%	7.21%	7.14%	7.08%	6.72%	6.53%	7.19%	8.29%
Liquidity Ratios	-	-	-	-	-	-	-	-	-
Current Ratio	0.57	0.53	0.56	0.56	0.69	0.68	0.57	0.65	0.60
Quick Ratio	0.38	0.35	0.33	0.33	0.45	0.47	0.37	0.40	0.41
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-2,069	4,083	-360	2,243	-1,114	24,789	2,646	1,376
Operating Cash Flow to CapEx	176.16%	-198.28%	186.51%	-200.25%	184.53%	115.49%	162.87%	166.79%	157.81%
Free Cash Flow to Firm to Interest Expense	0.00	-2.31	5.21	-0.39	2.58	-1.32	29.27	2.37	1.16
Operating Cash Flow to Interest Expense	6.86	0.65	6.91	-6.70	6.99	7.40	7.30	5.39	4.08
Operating Cash Flow Less CapEx to Interest Expense	2.96	-9.80	3.20	-10.04	3.20	0.99	2.82	2.16	1.49
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	0.41	0.44	0.40	0.42	0.37	0.35	0.35	0.35	0.32
Accounts Receivable Turnover	7.06	7.68	7.33	8.07	6.74	6.01	5.81	6.12	5.49
Inventory Turnover	32.09	35.58	33.01	32.91	30.92	27.90	22.92	25.80	29.81
Fixed Asset Turnover	0.94	1.01	0.92	0.93	0.80	0.81	0.00	0.00	0.00
Accounts Payable Turnover	3.52	3.69	3.42	3.58	3.39	3.23	2.81	2.90	2.86
Days Sales Outstanding (DSO)	51.72	95.06	49.76	45.23	54.16	60.78	62.81	59.68	66.44
Days Inventory Outstanding (DIO)	11.38	10.26	11.06	11.09	11.81	13.08	15.92	14.15	12.24
Days Payable Outstanding (DPO)	103.62	99.04	106.66	101.94	107.53	113.04	129.80	125.75	127.63
Cash Conversion Cycle (CCC)	-40.53	-41.25	-45.84	-45.63	-41.57	-39.17	-51.06	-51.92	-48.95
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	29,352	34,509	33,382	36,851	37,361	41,285	19,345	19,548	19,212
Invested Capital Turnover	0.53	0.57	0.51	0.52	0.46	0.45	0.59	0.96	0.87
Increase / (Decrease) in Invested Capital	0.00	5,157	-1,127	3,469	510	3,924	-21,940	203	-336
Enterprise Value (EV)	0.00	0.00	48,728	52,167	52,024	63,474	60,392	60,410	49,271
Market Capitalization	0.00	0.00	30,060	31,386	30,971	39,854	35,799	32,391	21,147
Book Value per Share	$14.93	$17.01	$13.25	$17.07	$17.18	$18.59	$17.08	$15.76	$12.02
Tangible Book Value per Share	($3.01)	($4.04)	($3.22)	($3.54)	($3.37)	($4.04)	($4.95)	($7.13)	($8.57)
Total Capital	30,046	34,980	33,044	36,764	37,355	41,179	40,227	42,974	40,183
Total Debt	15,969	18,590	17,883	20,266	20,635	23,224	23,589	27,403	28,128
Total Long-Term Debt	12,332	14,475	14,480	17,275	18,740	21,169	20,531	23,584	22,802
Net Debt	14,700	17,446	17,572	19,616	19,867	22,475	23,478	26,818	27,036
Capital Expenditures (CapEx)	2,806	2,949	2,901	3,063	3,294	5,427	3,795	3,609	3,075
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-231	-416	-305	-402	-306	-453	-735	46	121
Debt-free Net Working Capital (DFNWC)	404	80	6.60	-290	-130	-227	-624	631	1,213
Net Working Capital (NWC)	-3,233	-4,035	-3,397	-3,281	-2,025	-2,281	-3,682	-3,188	-4,113
Net Nonoperating Expense (NNE)	519	664	778	602	778	547	687	1,086	779
Net Nonoperating Obligations (NNO)	15,275	18,119	18,222	20,353	20,641	23,330	2,707	3,977	7,156
Total Depreciation and Amortization (D&A)	2,611	3,055	2,941	3,348	3,452	3,607	3,490	3,725	3,501
Debt-free, Cash-free Net Working Capital to Revenue	-1.47%	-2.30%	-1.77%	-2.19%	-1.78%	-2.58%	-4.11%	0.25%	0.71%
Debt-free Net Working Capital to Revenue	2.57%	0.44%	0.04%	-1.58%	-0.76%	-1.29%	-3.50%	3.38%	7.15%
Net Working Capital to Revenue	-20.60%	-44.62%	-19.75%	-17.89%	-11.77%	-12.97%	-20.61%	-17.06%	-24.27%
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	$2.60	$2.76	$2.99	$2.98	$2.28	$0.13
Adjusted Weighted Average Basic Shares Outstanding	0.00	894.30M	898.60M	900.80M	904.30M	906.30M	911.50M	912.20M	912.30M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$2.60	$2.76	$2.99	$2.98	$2.28	$0.13
Adjusted Weighted Average Diluted Shares Outstanding	0.00	1.06B	898.20M	903.91M	1.81B	909.02M	911.98M	1.82B	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$2.60	$2.76	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	1.06B	898.20M	903.91M	1.81B	909.02M	911.98M	1.82B	0.00
Normalized Net Operating Profit after Tax (NOPAT)	2,890	3,200	3,031	3,232	3,103	3,044	3,058	3,038	1,986
Normalized NOPAT Margin	18.42%	17.69%	17.63%	17.62%	18.03%	17.31%	17.12%	16.26%	11.72%
Pre Tax Income Margin	19.90%	18.10%	16.91%	18.30%	15.08%	17.61%	16.37%	14.92%	4.88%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.33	4.65	4.71	4.66	3.98	4.66	4.45	3.50	1.70
NOPAT to Interest Expense	3.91	7.23	3.77	3.40	3.16	3.32	3.36	2.55	0.87
EBIT Less CapEx to Interest Expense	1.44	1.36	1.01	1.32	0.20	-1.75	-0.03	0.27	-0.89
NOPAT Less CapEx to Interest Expense	0.01	0.33	0.07	0.05	-0.62	-3.09	-1.12	-0.68	-1.71
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	80.24%	87.64%	95.66%	93.18%	125.45%	115.59%	119.17%	159.65%	1,031.47%
Augmented Payout Ratio	83.67%	94.98%	109.01%	97.54%	135.89%	125.86%	127.89%	169.23%	1,094.13%

No quarterly metrics and ratios for BCE are available.

Frequently Asked Questions About BCE's Financials

When does BCE's financial year end?

According to the most recent income statement we have on file, BCE's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has BCE's net income changed over the last 8 years?

BCE's net income appears to be on a downward trend, with a most recent value of $260.42 million in 2024, falling from $2.30 billion in 2016. The previous period was $1.76 billion in 2023.

What is BCE's operating income?

BCE's total operating income in 2024 was $2.02 billion, based on the following breakdown:

Total Gross Profit: $7.35 billion
Total Operating Expenses: $5.34 billion

How has BCE revenue changed over the last 8 years?

Over the last 8 years, BCE's total revenue changed from $15.69 billion in 2016 to $16.95 billion in 2024, a change of 8.0%.

How much debt does BCE have?

BCE's total liabilities were at $38.98 billion at the end of 2024, a 0.1% increase from 2023, and a 60.5% increase since 2016.

How much cash does BCE have?

In the past 8 years, BCE's cash and equivalents has ranged from $110.11 million in 2022 to $1.09 billion in 2024, and is currently $1.09 billion as of their latest financial filing in 2024.

How has BCE's book value per share changed over the last 8 years?

Over the last 8 years, BCE's book value per share changed from 14.93 in 2016 to 12.02 in 2024, a change of -19.5%.

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This page (NYSE:BCE) was last updated on 4/15/2025 by MarketBeat.com Staff

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BCE (BCE) Financials

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BCE (BCE) Financials

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