profit from every $100 of sales.

BCE
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay $4.39 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What BCE sold, what it kept, and what it did with the cash.
Sales went from CA$24.2 billion in 2022 to CA$24.5 billion in 2025, with CA$6.46 billion of profit last year.
BCE handed back 72% of the cash it generated last year.
BCE vs. similar companies
BCE grows the slowest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
BCE | 4.4× · Cheap | ||
Charter Communications | 4.8× · Cheap | ||
Telefónica | No profit yet | ||
Rogers Communications | 3.7× · Cheap | ||
Millicom International Cellular | 10.3× · Cheap |
AI analysis
An AI analyst reads BCE's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 24,174 | 24,673 | 24,409 | 24,468 | |
| 16,533 | 16,747 | 16,704 | 16,748 | |
| 5,476 | 5,499 | 5,548 | 5,420 | |
| 9,762 | 9,716 | 7,706 | 14,720 | |
| 2,868 | 2,263 | 344 | 6,460 | |
| 2.98 | 2.28 | 0.18 | 6.79 | |
| 68.4% | 67.9% | 68.4% | 68.4% | |
| 22.7% | 22.3% | 22.7% | 22.2% | |
| 11.9% | 9.2% | 1.4% | 26.4% |
Balance sheet
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 69,329 | 71,940 | 73,485 | 80,165 |
| Cash | 149 | 772 | 1,572 | 320 |
| Total debt | 31,920 | 36,177 | 40,504 | 41,059 |
| Total liabilities | 46,814 | 51,383 | 56,125 | 56,855 |
| 22,178 | 20,229 | 17,071 | 23,020 | |
| 912 | 912 | 912 | 929 | |
| 7.4% | 6.7% | 3.7% | 11.7% | |
| 12.9% | 11.2% | 2.0% | 28.1% |
Cash flow
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 8,365 | 7,946 | 6,988 | 6,993 | |
| 5,136 | 4,764 | 4,428 | 3,703 | |
| 3,229 | 3,182 | 2,560 | 3,290 | |
| Dividends paid | 3,448 | 3,668 | 3,800 | 2,177 |
| 125 | 140 | 92 | 182 | |
| – | – | – | – |
Valuation
- 4.4×
- 8.2×
- 0.14
- 1.3×
- 1.2×
- 8.6×
- 4.7×
- 11.6%
- 22.8%
- 7.7%
Profitability
- 68.4%
- 22.2%
- 26.4%
- 59.6%
- 6.1%
- 5.1%
- 29.7%
- 7.9%
- 7.7%
- –
Growth
- +0.4%
- +31.6%
- +28.6%
- −7.9%
- +0.6%
Financial health
- 2.8×
- 1.84
- 52.8%
- 3.0×
- 0.66
- 0.63
- 0.30
How it ranks in Communication Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $26.00
- Range
- $26.00 – $26.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 7, 2026 | 0.46 | 0.42 | +9.5% |
| Feb 5, 2026 | 0.49 | 0.45 | +8.9% |
| Nov 6, 2025 | 0.57 | 0.52 | +9.6% |
| Aug 7, 2025 | 0.46 | 0.52 | −11.5% |
| May 8, 2025 | 0.48 | 0.44 | +9.1% |
| Feb 13, 2025 | 0.56 | 0.52 | +7.7% |
| Nov 7, 2024 | 0.55 | 0.57 | −3.5% |
| Aug 1, 2024 | 0.57 | 0.59 | −3.4% |
Paid per share, each year
$2.00 in 2015 → $1.65 in 2025
How safe it looks
33.7% of its profit
Room to growStretchedMore than it earns: 66.2%
News
BCE Q3 2026 Earnings PreviewSeeking Alpha · Nov 4, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
3/7Passes 3 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about BCE
Is BCE a good stock to buy?
A strong, very profitable business, and the price looks low. 3 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the BCE AI analysis
What does BCE do?
BCE Inc., a telecommunications and media company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through three segments: Bell Wireless, Bell Wireline, and Bell Media. It is in Telecommunications Services, based in Verdun, QC, Canada, with 38,683 employees.
Does BCE pay a dividend?
Yes. At today's price the dividend is 7.7% a year, about 34% of its yearly profit. In 2025 it paid out $2.18 billion in dividends.
Is BCE stock halal?
No. BCE does not pass our halal screen: its debt is 145% of its market value, at or above the 33% limit. How we check
How has BCE stock done over the past year?
Down 6.2% over the past twelve months, to $21.35. It traded between $18.78 and $26.45 and is 19.3% below its high.
Who are BCE's competitors?
The largest listed companies in the same industry are Charter Communications, Telefónica, Rogers Communications and Millicom International Cellular. The peers table on this page compares their profit, growth and price with BCE's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.



