Revenue
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Bce Inc (BCE)
Price$23.67Cached quote
Net income
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $24.47B | $24.41B | $24.67B | $24.17B | $23.45B | $22.88B | $23.79B | $23.47B | $22.72B | $21.72B |
| Gross profit | $16.75B | $16.70B | $16.75B | $16.53B | $16.16B | $15.92B | $16.44B | $16.12B | $15.71B | $15.01B |
| Gross margin | 68.45% | 68.43% | 67.88% | 68.39% | 68.94% | 69.55% | 69.08% | 68.69% | 69.13% | 69.13% |
| Research & development | $60.0M | $66.0M | $90.0M | $57.0M | $57.0M | $47.0M | $109.0M | $106.0M | $119.0M | $147.0M |
| Operating expenses | $13.81B | $13.82B | $14.26B | $13.97B | $13.56B | $13.28B | $13.79B | $13.93B | $13.47B | $12.93B |
| Operating income | $5.42B | $5.55B | $5.50B | $5.48B | — | — | — | — | — | — |
| Operating margin | 22.15% | 22.73% | 22.29% | 22.65% | — | — | — | — | — | — |
| EBITDA | $14.72B | $7.71B | $9.72B | $9.76B | — | — | — | — | — | — |
| EBITDA margin | 60.16% | 31.57% | 39.38% | 40.38% | — | — | — | — | — | — |
| Net income | $6.51B | $375.0M | $2.33B | $2.93B | $2.89B | $2.70B | $3.25B | $2.97B | $3.05B | $3.09B |
| Net profit margin | 26.62% | 1.54% | 9.43% | 12.10% | 12.33% | 11.79% | 13.67% | 12.67% | 13.42% | 14.21% |
| Basic EPSper basic share | CA$6.79 | CA$0.18 | CA$2.28 | CA$2.98 | CA$2.99 | CA$2.76 | CA$3.37 | CA$3.10 | CA$3.12 | CA$3.33 |
| Diluted EPSper diluted share | CA$6.79 | CA$0.18 | CA$2.28 | CA$2.98 | CA$2.99 | CA$2.76 | CA$3.37 | CA$3.10 | CA$3.20 | CA$3.33 |
Owners
Reported shareholders
Reported holdings Number of shares
View holders
| Holder | Shares held |
|---|---|
ROYAL BANK OF CANADA | 64.05M |
BANK OF MONTREAL /CAN/ | 39.62M |
FIL Ltd | 38.66M |
Caisse de depot et placement du Quebec | 34.11M |
NATIONAL BANK OF CANADA /FI/ | 23.17M |
CIBC WORLD MARKET INC. | 21.56M |
BANK OF NOVA SCOTIA | 17.95M |
MORGAN STANLEY | 11.36M |
Federation des caisses Desjardins du Quebec | 10.76M |
VANGUARD CAPITAL MANAGEMENT LLC | 9M |
VIKING GLOBAL INVESTORS LP | 8.38M |
LETKO, BROSSEAU & ASSOCIATES INC | 7.63M |
Vanguard Global Advisers, LLC | 7.1M |
TD Asset Management Inc | 7.02M |
GOLDMAN SACHS GROUP INC | 6.56M |
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 5.49M |
TORONTO DOMINION BANK | 5.37M |
TWO SIGMA INVESTMENTS, LP | 5.22M |
Cullen Capital Management, LLC | 4.98M |
GEODE CAPITAL MANAGEMENT, LLC | 4.74M |
Bars compare reported share counts. A matching total for this share class and reporting period is unavailable, so percentages are not shown.
Source: SEC Form 13F ↗Updated Sep 29, 2026 · Quarterly data