BCE Historical Income Statement

BCE Stock

CAD 37.90 0.08 0.21%

Historical analysis of BCE income statement accounts such as Interest Expense of 1.6 B, Selling General Administrative of 2.6 B or Total Revenue of 22.5 B can show how well BCE Inc performed in making a profits. Evaluating BCE income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of BCE's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining BCE Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether BCE Inc is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BCE Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About BCE Income Statement Analysis

BCE Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to BCE shareholders. The income statement also shows BCE investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

BCE Income Statement Chart

At this time, BCE's Interest Expense is very stable compared to the past year. As of the 29th of November 2024, Gross Profit is likely to grow to about 9.8 B, while Depreciation And Amortization is likely to drop about 3.5 B.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Total Other Income Expense Net

Total Revenue

Total revenue comprises all receipts BCE Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of BCE Inc minus its cost of goods sold. It is profit before BCE operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of BCE Inc. It is also known as BCE overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from BCE's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into BCE Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BCE Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Gross Profit	9.9B	16.5B	7.4B	9.8B
Total Revenue	23.4B	24.2B	24.7B	22.5B

Gross Profit Total Revenue

BCE income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Research Development	Net Income From Continuing Ops	Minority Interest	Tax Provision	Interest Income	Net Interest Income	Discontinued Operations	Reconciled Depreciation	Extraordinary Items	Selling And Marketing Expenses
Depreciation And Amortization		0.5	0.35	0.96	0.48	0.95	0.89	0.86	0.97	0.49	0.44	0.67	-0.68	0.71	0.41	-0.81	0.31	-0.7	0.24	0.09	-0.52	0.56	0.64	0.07	-0.11
Interest Expense	0.5		0.0	0.49	0.08	0.54	0.33	0.48	0.51	0.42	-0.25	0.43	-0.37	0.42	-0.15	-0.72	-0.07	-0.07	-0.16	-0.3	-0.32	0.25	0.28	-0.07	-0.35
Selling General Administrative	0.35	0.0		0.28	0.53	0.32	0.19	0.26	0.32	-0.25	-0.2	0.07	-0.25	0.03	0.43	-0.05	0.18	-0.53	0.25	-0.3	-0.37	0.63	0.62	-0.38	-0.33
Total Revenue	0.96	0.49	0.28		0.52	0.99	0.94	0.9	0.97	0.49	0.46	0.76	-0.72	0.78	0.54	-0.87	0.49	-0.77	0.27	0.03	-0.55	0.48	0.59	0.0	-0.21
Gross Profit	0.48	0.08	0.53	0.52		0.49	0.53	0.53	0.52	-0.49	0.39	0.59	-0.17	0.61	0.47	-0.44	0.61	-0.51	0.32	0.37	-0.08	0.25	0.28	-0.07	0.07
Other Operating Expenses	0.95	0.54	0.32	0.99	0.49		0.88	0.86	0.94	0.5	0.38	0.7	-0.77	0.72	0.5	-0.85	0.47	-0.78	0.19	-0.05	-0.64	0.56	0.67	-0.02	-0.31
Operating Income	0.89	0.33	0.19	0.94	0.53	0.88		0.95	0.95	0.41	0.62	0.86	-0.51	0.87	0.61	-0.83	0.52	-0.68	0.48	0.2	-0.29	0.21	0.34	-0.01	0.07
Ebit	0.86	0.48	0.26	0.9	0.53	0.86	0.95		0.96	0.38	0.42	0.92	-0.4	0.89	0.65	-0.82	0.52	-0.62	0.57	0.1	-0.3	0.18	0.34	-0.16	0.01
Ebitda	0.97	0.51	0.32	0.97	0.52	0.94	0.95	0.96		0.45	0.45	0.81	-0.57	0.83	0.54	-0.84	0.42	-0.68	0.41	0.09	-0.44	0.4	0.52	-0.04	-0.05
Cost Of Revenue	0.49	0.42	-0.25	0.49	-0.49	0.5	0.41	0.38	0.45		0.07	0.17	-0.56	0.17	0.06	-0.43	-0.12	-0.26	-0.05	-0.35	-0.48	0.23	0.31	0.07	-0.29
Total Operating Expenses	0.44	-0.25	-0.2	0.46	0.39	0.38	0.62	0.42	0.45	0.07		0.51	-0.1	0.58	0.31	-0.39	0.45	-0.34	0.3	0.73	0.18	-0.11	-0.07	0.25	0.55
Income Before Tax	0.67	0.43	0.07	0.76	0.59	0.7	0.86	0.92	0.81	0.17	0.51		-0.14	0.98	0.61	-0.79	0.66	-0.46	0.58	0.29	-0.06	-0.08	0.08	-0.15	0.17
Total Other Income Expense Net	-0.68	-0.37	-0.25	-0.72	-0.17	-0.77	-0.51	-0.4	-0.57	-0.56	-0.1	-0.14		-0.19	-0.17	0.56	-0.11	0.66	0.3	0.36	0.79	-0.74	-0.73	-0.18	0.62
Net Income	0.71	0.42	0.03	0.78	0.61	0.72	0.87	0.89	0.83	0.17	0.58	0.98	-0.19		0.53	-0.8	0.62	-0.48	0.49	0.4	-0.07	-0.02	0.1	0.04	0.23
Income Tax Expense	0.41	-0.15	0.43	0.54	0.47	0.5	0.61	0.65	0.54	0.06	0.31	0.61	-0.17	0.53		-0.26	0.83	-0.69	0.73	-0.05	-0.36	0.11	0.33	-0.4	-0.16
Research Development	-0.81	-0.72	-0.05	-0.87	-0.44	-0.85	-0.83	-0.82	-0.84	-0.43	-0.39	-0.79	0.56	-0.8	-0.26		-0.33	0.48	-0.11	-0.02	0.27	-0.25	-0.28	-0.04	0.12
Net Income From Continuing Ops	0.31	-0.07	0.18	0.49	0.61	0.47	0.52	0.52	0.42	-0.12	0.45	0.66	-0.11	0.62	0.83	-0.33		-0.61	0.5	0.2	-0.27	0.02	0.21	-0.25	-0.11
Minority Interest	-0.7	-0.07	-0.53	-0.77	-0.51	-0.78	-0.68	-0.62	-0.68	-0.26	-0.34	-0.46	0.66	-0.48	-0.69	0.48	-0.61		-0.18	0.13	0.64	-0.64	-0.7	0.09	0.39
Tax Provision	0.24	-0.16	0.25	0.27	0.32	0.19	0.48	0.57	0.41	-0.05	0.3	0.58	0.3	0.49	0.73	-0.11	0.5	-0.18		0.23	0.15	-0.34	-0.1	-0.43	0.38
Interest Income	0.09	-0.3	-0.3	0.03	0.37	-0.05	0.2	0.1	0.09	-0.35	0.73	0.29	0.36	0.4	-0.05	-0.02	0.2	0.13	0.23		0.5	-0.35	-0.35	0.38	0.83
Net Interest Income	-0.52	-0.32	-0.37	-0.55	-0.08	-0.64	-0.29	-0.3	-0.44	-0.48	0.18	-0.06	0.79	-0.07	-0.36	0.27	-0.27	0.64	0.15	0.5		-0.79	-0.9	0.0	0.79
Discontinued Operations	0.56	0.25	0.63	0.48	0.25	0.56	0.21	0.18	0.4	0.23	-0.11	-0.08	-0.74	-0.02	0.11	-0.25	0.02	-0.64	-0.34	-0.35	-0.79		0.92	0.1	-0.62
Reconciled Depreciation	0.64	0.28	0.62	0.59	0.28	0.67	0.34	0.34	0.52	0.31	-0.07	0.08	-0.73	0.1	0.33	-0.28	0.21	-0.7	-0.1	-0.35	-0.9	0.92		-0.08	-0.63
Extraordinary Items	0.07	-0.07	-0.38	0.0	-0.07	-0.02	-0.01	-0.16	-0.04	0.07	0.25	-0.15	-0.18	0.04	-0.4	-0.04	-0.25	0.09	-0.43	0.38	0.0	0.1	-0.08		0.24
Selling And Marketing Expenses	-0.11	-0.35	-0.33	-0.21	0.07	-0.31	0.07	0.01	-0.05	-0.29	0.55	0.17	0.62	0.23	-0.16	0.12	-0.11	0.39	0.38	0.83	0.79	-0.62	-0.63	0.24

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BCE Account Relationship Matchups

BCE income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	4.3B	4.4B	4.6B	4.7B	4.9B	3.5B
Interest Expense	1.2B	1.2B	1.1B	1.1B	1.5B	1.6B
Selling General Administrative	247M	269M	4.4B	4.4B	4.4B	2.6B
Total Revenue	24.0B	22.9B	23.4B	24.2B	24.7B	22.5B
Gross Profit	10.1B	9.6B	9.9B	16.5B	7.4B	9.8B
Other Operating Expenses	18.3B	17.7B	18.2B	18.7B	19.2B	18.1B
Operating Income	5.7B	5.0B	5.4B	5.4B	5.5B	4.4B
Ebit	5.6B	4.4B	5.1B	5.1B	5.4B	4.3B
Ebitda	9.9B	8.8B	9.7B	9.8B	10.3B	7.8B
Cost Of Revenue	13.9B	13.3B	13.6B	7.6B	17.3B	12.7B
Total Operating Expenses	18.3B	17.7B	18.2B	18.7B	1.9B	1.8B
Income Before Tax	4.4B	3.3B	3.9B	3.9B	3.3B	3.3B
Total Other Income Expense Net	(1.3B)	(1.9B)	(1.3B)	(1.6B)	(2.2B)	(2.1B)
Net Income	3.2B	2.6B	2.8B	2.9B	2.3B	2.2B
Income Tax Expense	1.1B	792M	1.0B	967M	996M	992.3M
Research Development	106M	109M	47M	57M	90M	85.5M
Net Income From Continuing Ops	3.3B	2.5B	2.9B	2.9B	2.3B	3.1B
Net Income Applicable To Common Shares	3.0B	2.5B	2.7B	2.7B	3.1B	2.9B
Minority Interest	334M	340M	(52M)	(58M)	(64M)	(60.8M)
Tax Provision	1.1B	792M	1.0B	967M	996M	802.7M
Interest Income	1.1B	1.2B	905M	1.2B	216M	205.2M
Net Interest Income	(1.2B)	(1.2B)	(1.1B)	(1.1B)	(1.3B)	(1.4B)
Reconciled Depreciation	4.4B	4.4B	4.6B	4.7B	4.9B	4.9B

Pair Trading with BCE

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BCE position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BCE will appreciate offsetting losses from the drop in the long position's value.

Moving against BCE Stock

0.92	BOFA	Bank of America	Pair Corr
0.9	JPM	JPMorgan Chase	Pair Corr
0.86	RY-PS	Royal Bank Earnings Call This Week	Pair Corr
0.83	TD-PFI	Toronto Dominion Bank Earnings Call This Week	Pair Corr
0.82	RY-PM	Royal Bank Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to BCE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BCE when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BCE - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BCE Inc to buy it.

The correlation of BCE is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BCE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BCE Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for BCE can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether BCE Inc is a strong investment it is important to analyze BCE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BCE's future performance. For an informed investment choice regarding BCE Stock, refer to the following important reports:

How To Invest In BCE

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Is BCE Stock a good investment?

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What is BCE's Net Worth?

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You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Please note, there is a significant difference between BCE's value and its price as these two are different measures arrived at by different means. Investors typically determine if BCE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BCE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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BCE Historical Income Statement

About BCE Income Statement Analysis

BCE Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

BCE income statement Correlations

BCE Account Relationship Matchups

High Positive Relationship

High Negative Relationship

BCE income statement Accounts

Pair Trading with BCE

Moving against BCE Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 0.99	Total Revenue
Net Income	+ 0.98	Income Before Tax
Ebitda	+ 0.97	Depreciation And Amortization
Ebitda	+ 0.97	Total Revenue
Total Revenue	+ 0.96	Depreciation And Amortization
Ebitda	+ 0.96	Ebit

Reconciled Depreciation	- 0.9	Net Interest Income
Research Development	- 0.87	Total Revenue
Research Development	- 0.85	Other Operating Expenses
Research Development	- 0.84	Ebitda
Research Development	- 0.83	Operating Income
Research Development	- 0.82	Ebit