Value Sense
BCE
BCE Inc. (BCE)
Last Price$23.41.3%
Market Cap$21.3B
LTM Revenue
$18.0B
-0.7% YoY
LTM Net Income
$198.3M
-88.8% YoY
LTM Net Debt
$27.7B
Net Debt to FCF - 12.6x
LTM Free Cash Flow (FCF)
$2,178.7M
12.1% margin

BCE Income Statement

BCE Income Statement Overview

Annual
Quarterly
LTM
Dec'14
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Revenue
$18.3B 2.1% YoY
Gross profit
$5,498.7M (55.1%) YoY
30.1% margin
Cost of revenue
$12.8B 125.8% YoY
Operating income
$4,073.5M 1.6% YoY
22.3% margin
Other: $648.9M
Net interest: $963.0M
Operating expenses
$1,425.2M (89.7%) YoY
Pre-tax income
$2,461.6M (14.6%) YoY
13.5% margin
Net income
$1,676.4M (21.1%) YoY
9.2% margin
Income tax
$737.8M
30.0% tax rate
R&D
$66.7M 57.9% YoY
0.4% of revenue
SG&A
$1,358.6M (58.5%) YoY
7.4% of revenue

BCE Income statement key metrics

Annual
Quarterly
LTM

Revenue

$18.3B +2.1% YoY

Operating Income

$4.1B +1.6% YoY

Net Income

$1.7B -21.1% YoY

BCE Balance Sheet

BCE Balance Sheet Overview

Annual
Quarterly
LTM
Dec'14
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Assets
Liabilities
Total assets
$54.3B
Current assets ($5,959.0M, 11.0% of total)
Cash & ST investments
$1,337.0M (2.5%)
Accounts receivables
$3,375.6M (6.2%)
Other current assets
$1,246.4M (2.3%)
Non-current assets ($48.3B, 89.0% of total)
Long-term investments
$686.6M (1.3%)
Intangible assets
$12.5B (23.1%)
Other non-current assets
$12.2B (22.5%)
Financial position
Net Debt
$26.0B
$1,337.0M$27.3B
Cash & Short-term Investments
Total Debt
Quick ratio
0.5x
Net Debt to Free Cash Flow
10.8x
Debt to Equity ratio
176.0%

BCE Balance Sheet Metrics

Annual
Quarterly
LTM

Assets

$54.3B +3.8% YoY

Liabilities

$38.8B +9.8% YoY

Shareholder's Equity

$15.5B -8.7% YoY

BCE Cash Flow Statement

BCE Cash Flow Statement Overview

Annual
Quarterly
LTM
Dec'14
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Cash Beginning of PeriodOperating Cash FlowInvesting Cash FlowFinancing Cash FlowForex Changes on CashCash End of Period$110.4M$5,886.1M($4,282.4M)($1,142.3M)$0.0$571.9M

BCE Cash Flow Statement key metrics

Annual
Quarterly
LTM

Operating Cash Flow (OCF)

$5,886.1M -5.0% YoY

Capital Expenditure (CAPEX)

($3,529.0M) -7.3% YoY

Free Cash Flow (FCF)

$2,357.1M -1.3% YoY

BCE Financials

USD
CAD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Dec'04Dec'05Dec'06Dec'07Dec'08Dec'09Dec'10Dec'11Dec'12Dec'13Dec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23
Revenue
% growth
14,782.9
0.0%
15,780.7
6.7%
15,610.5
(1.1%)
16,704.0
7.0%
16,687.7
(0.1%)
15,605.9
(6.5%)
17,536.3
12.4%
19,712.8
12.4%
19,976.4
1.3%
19,805.0
(0.9%)
19,053.2
(3.8%)
16,849.3
(11.6%)
16,398.2
(2.7%)
17,507.4
6.8%
18,108.6
3.4%
18,051.9
(0.3%)
17,075.0
(5.4%)
18,700.6
9.5%
18,581.6
(0.6%)
18,276.9
(1.6%)
Cost of Goods Sold (COGS)8,957.69,506.19,151.73,899.04,175.43,981.85,022.411,755.712,092.911,951.911,535.010,152.35,062.410,434.810,751.110,439.19,906.410,810.95,873.312,778.2
Gross Profit
% margin
5,825.4
39.4%
6,274.6
39.8%
6,458.8
41.4%
12,804.9
76.7%
12,512.3
75.0%
11,624.1
74.5%
12,513.9
71.4%
7,957.1
40.4%
7,883.6
39.5%
7,853.1
39.7%
7,518.2
39.5%
6,696.9
39.7%
11,335.8
69.1%
7,072.6
40.4%
7,357.5
40.6%
7,612.8
42.2%
7,168.6
42.0%
7,889.7
42.2%
12,708.3
68.4%
5,498.7
30.1%
Operating Expenses2,590.62,885.63,209.49,275.48,990.78,352.58,732.73,954.33,388.215,233.314,660.712,830.87,349.313,401.613,848.513,752.113,192.614,486.614,372.41,425.2
Research & Development Expenses (R&D)0.00.00.00.00.00.00.00.0227.0195.1151.2104.9111.091.781.882.135.145.543.866.7
Selling, General & Administrative Expenses (SG&A)0.0314.1451.76,284.55,908.75,386.25,537.8657.2269.0283.5249.9220.13,253.4186.5205.3186.1200.73,528.13,395.21,358.6
Operating Income
% margin
3,234.8
21.9%
3,389.0
21.5%
3,249.4
20.8%
3,529.5
21.1%
3,521.6
21.1%
3,271.7
21.0%
3,781.1
21.6%
4,002.8
20.3%
4,495.3
22.5%
4,571.7
23.1%
4,392.5
23.1%
4,018.5
23.8%
3,986.5
24.3%
4,105.8
23.5%
4,198.4
23.2%
4,290.0
23.8%
3,737.6
21.9%
4,341.6
23.2%
4,160.0
22.4%
4,073.5
22.3%
Interest Income0.00.00.00.091.512.36.821.26.00.00.00.00.00.00.0847.5828.3862.939.2160.0
Interest Expense0.00.00.00.0745.8636.2650.21,846.21,823.11,049.5932.6798.1731.6791.4824.9900.2862.6878.8880.91,123.0
Pre-tax Income1,834.62,539.81,942.54,651.2889.62,155.93,033.83,330.53,878.33,122.23,302.32,861.73,168.83,089.43,061.83,303.92,436.33,139.02,992.42,461.6
Income Tax
% effective tax rate
547.1
29.8%
737.7
29.0%
74.9
3.9%
677.9
14.6%
441.9
49.7%
323.8
15.0%
533.8
17.6%
728.0
21.9%
825.1
21.3%
803.9
25.7%
841.2
25.5%
723.7
25.3%
838.1
26.4%
800.7
25.9%
767.8
25.1%
853.5
25.8%
591.0
24.3%
832.6
26.5%
743.3
24.8%
737.8
30.0%
Net Income
% margin
1,227.4
8.3%
1,620.5
10.3%
1,768.9
11.3%
3,793.2
22.7%
889.6
5.3%
1,529.4
9.8%
2,209.9
12.6%
2,365.9
12.0%
2,763.2
13.8%
2,044.6
10.3%
2,263.7
11.9%
2,097.3
12.4%
2,288.4
14.0%
2,245.5
12.8%
2,260.1
12.5%
2,403.8
13.3%
1,965.5
11.5%
2,264.9
12.1%
2,204.5
11.9%
1,676.4
9.2%
EPS1.321.691.984.560.961.862.772.913.392.482.702.332.512.472.522.541.892.382.291.69
Diluted EPS1.321.691.984.550.951.862.772.913.392.472.692.332.512.472.522.541.892.382.291.69
EBITDA
% margin
5,525.9
37.4%
5,653.1
35.8%
5,977.2
38.3%
6,539.0
39.1%
7,662.6
45.9%
6,250.3
40.1%
6,976.1
39.8%
7,299.9
37.0%
8,024.6
40.2%
7,847.2
39.6%
7,360.7
38.6%
6,687.5
39.7%
6,549.0
39.9%
6,927.8
39.6%
6,984.0
38.6%
7,446.3
41.2%
7,023.9
41.1%
7,702.3
41.2%
7,529.0
40.5%
7,227.7
39.5%

FAQ

What is the BCE Inc. (BCE) revenue?

The BCE Inc. (BCE) revenue is $18.3B, reflecting a year-over-year (YoY) growth of +2.1% YoY.

What is the BCE Inc. (BCE) Net Income?

The BCE Inc. (BCE) Net Income is $1,676.4M, showcasing a YoY growth of -21.1% YoY.