BCE
BCE Inc.
NYSEUSDEQUITY
Communication Services
DELAYED
Sell
-38/100
Last price
19.73
▼ 0.01 (0.05%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
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Open
19.90
Prev close
19.74
Day high
19.76
Day low
19.52
Volume
4.95M
Market cap
$18.42B
P/E (TTM)
4.05
52W range
19.52 – 26.52
Day trading desk
Gap from prior close
+0.79%
Prior close 19.74
VWAP
19.67
+0.30% from price
Relative volume
4.10×
Unusually busy
Session range
1.95%
19.51 – 19.90
Position in range
57%
Mid range
ATR (14D)
0.46
2.32% of price
Prior day high
19.74
PDH
Prior day low
19.55
PDL
Bid / ask spread
—
Quote not published
Session volume
15.80M
Avg 3.86M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-1.94%
-3.9%
1M
-16.56%
-17.7%
3M
-7.93%
-12.4%
6M
-17.12%
-35.3%
YTD
-17.09%
-31.3%
1Y
-15.45%
-31.9%
3Y
-48.26%
-130.5%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on BCE open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
298.41K
Total on file
Fundamentals
Market cap$18.42B
Enterprise value$63.24B
Revenue (TTM)$24.80B
Gross profit$11.14B
EBITDA$8.70B
Net income$6.27B
EPS (TTM)$4.88
Free cash flow$2.60B
Total cash$479.00M
Total debt$41.78B
Book value / share$15.52
Shares outstanding932.53M
Float931.43M
Short % of float—
Dividend yield6.21%
Beta (5Y)0.65
Valuation & profitability ratios
Trailing P/E4.05
Forward P/E10.63
PEG ratio0.22
Price / sales—
Price / book1.27
EV / revenue2.55
EV / EBITDA7.27
Gross margin44.95%
Operating margin22.05%
Profit margin25.89%
Return on equity30.47%
Return on assets4.42%
Debt / equity172.79
Current ratio0.73
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $24.47B | $24.41B | $24.67B | $24.17B | +0.2% |
| Operating revenue | $24.47B | $24.41B | $24.67B | $24.17B | +0.2% |
| Cost of revenue | $7.72B | $7.71B | $7.93B | $7.64B | +0.2% |
| Gross profit | $16.75B | $16.70B | $16.75B | $16.53B | +0.3% |
| Selling, general & admin | $3.98B | $4.20B | $4.41B | $4.42B | -5.2% |
| Total operating expense | $11.33B | $11.16B | $11.25B | $11.06B | +1.5% |
| Operating income | $5.42B | $5.55B | $5.50B | $5.48B | -2.3% |
| Net interest income | -$1.59B | -$1.52B | -$1.30B | -$1.07B | -4.6% |
| Pre-tax income | $7.71B | $952.00M | $3.32B | $3.89B | +709.6% |
| Tax provision | $1.19B | $577.00M | $996.00M | $967.00M | +106.8% |
| Net income | $6.46B | $344.00M | $2.26B | $2.87B | +1,777.9% |
| Net income to common | $6.30B | $163.00M | $2.08B | $2.72B | +3,768.1% |
| Basic EPS | 6.79 | 0.18 | 2.28 | 2.98 | +3,672.2% |
| Diluted EPS | 6.79 | 0.18 | 2.28 | 2.98 | +3,672.2% |
| EBIT | $9.48B | $2.67B | $4.80B | $5.04B | +255.8% |
| EBITDA | $14.72B | $7.71B | $9.72B | $9.76B | +91.0% |
| Basic shares | 928.57M | 912.30M | 912.20M | 911.50M | +1.8% |
| Diluted shares | 928.57M | 912.30M | 912.20M | 912.00M | +1.8% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $320.00M | $1.57B | $772.00M | $149.00M | -79.6% |
| Cash & short-term investments | $320.00M | $1.97B | $1.77B | $149.00M | -83.8% |
| Accounts receivable | $3.95B | $4.18B | $3.84B | $3.97B | -5.6% |
| Inventory | $389.00M | $420.00M | $465.00M | $656.00M | -7.4% |
| Total current assets | $7.41B | $8.92B | $7.90B | $6.49B | -17.0% |
| Property, plant & equipment | $33.54B | $30.00B | $30.35B | $29.26B | +11.8% |
| Goodwill & intangibles | $30.46B | $27.05B | $27.55B | $27.09B | +12.6% |
| Total assets | $80.17B | $73.48B | $71.94B | $69.33B | +9.1% |
| Total current liabilities | $12.86B | $14.85B | $12.11B | $11.47B | -13.4% |
| Current debt | $5.22B | $6.58B | $3.97B | $3.21B | -20.7% |
| Long-term debt | $34.90B | $32.84B | $31.14B | $27.78B | +6.3% |
| Total debt | $41.06B | $40.50B | $36.18B | $31.92B | +1.4% |
| Total liabilities | $56.85B | $56.13B | $51.38B | $46.81B | +1.3% |
| Retained earnings | -$3.64B | -$8.44B | -$5.51B | -$3.65B | +56.9% |
| Shareholder equity | $23.02B | $17.07B | $20.23B | $22.18B | +34.8% |
| Working capital | -$5.45B | -$5.92B | -$4.21B | -$4.98B | +8.0% |
| Net tangible assets | -$7.45B | -$9.98B | -$7.32B | -$4.91B | +25.4% |
| Shares issued | 932.53M | 912.28M | 912.27M | 911.98M | +2.2% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | $6.51B | $375.00M | $2.33B | $2.93B | — | +1,637.1% |
| Depreciation & amortisation | $5.24B | $5.04B | $4.92B | $4.72B | — | +3.9% |
| Change in working capital | -$657.00M | -$534.00M | -$157.00M | $325.00M | — | -23.0% |
| Operating cash flow | $6.99B | $6.99B | $7.95B | $8.37B | — | +0.1% |
| Capital expenditure | -$3.70B | -$4.43B | -$4.76B | -$5.14B | — | +16.4% |
| Investing cash flow | -$3.60B | -$4.44B | -$5.78B | -$5.52B | — | +18.9% |
| Share buybacks | -$182.00M | -$92.00M | -$140.00M | -$125.00M | — | -97.8% |
| Dividends paid | -$2.18B | -$3.80B | -$3.67B | -$3.45B | — | +42.7% |
| Financing cash flow | -$4.65B | -$1.75B | -$1.54B | -$2.99B | — | -165.5% |
| Free cash flow | $3.29B | $2.56B | $3.18B | $3.23B | — | +28.5% |
| End cash position | $320.00M | $1.57B | $772.00M | — | $207.00M | -79.6% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $6.18B | $6.17B | $6.40B | $6.05B | $6.08B | +0.1% |
| Operating revenue | $6.18B | $6.17B | $6.40B | $6.05B | $6.08B | +0.1% |
| Cost of revenue | $1.89B | $1.96B | $2.15B | $1.76B | $1.91B | -3.1% |
| Gross profit | $4.28B | $4.21B | $4.25B | $4.28B | $4.17B | +1.6% |
| Selling, general & admin | $998.00M | $1.00B | $1.01B | $974.00M | $992.00M | -0.6% |
| Total operating expense | $2.96B | $2.94B | $2.96B | $2.83B | $2.79B | +0.6% |
| Operating income | $1.33B | $1.27B | $1.29B | $1.45B | $1.39B | +4.0% |
| Net interest income | -$418.00M | -$393.00M | -$410.00M | -$411.00M | -$401.00M | -6.4% |
| Pre-tax income | $893.00M | $906.00M | $833.00M | $5.05B | $884.00M | -1.4% |
| Tax provision | $264.00M | $239.00M | $201.00M | $495.00M | $240.00M | +10.5% |
| Net income | $597.00M | $653.00M | $630.00M | $4.54B | $619.00M | -8.6% |
| Net income to common | $558.00M | $616.00M | $594.00M | $4.50B | $579.00M | -9.4% |
| Basic EPS | 0.60 | 0.66 | 0.64 | 4.84 | 0.63 | -9.1% |
| Diluted EPS | 0.60 | 0.66 | 0.64 | 4.84 | 0.63 | -9.1% |
| EBIT | $1.36B | $1.35B | $1.29B | $5.51B | $1.33B | +0.9% |
| EBITDA | $2.74B | $2.71B | $2.66B | $6.82B | $2.61B | +1.2% |
| Basic shares | 932.50M | 932.50M | 928.13M | 932.50M | 930.90M | 0.0% |
| Diluted shares | 932.50M | 932.50M | 928.13M | 932.50M | 930.90M | 0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $479.00M | $1.38B | $320.00M | $465.00M | $510.00M | -65.2% |
| Cash & short-term investments | $479.00M | $1.38B | $320.00M | $465.00M | $510.00M | -65.2% |
| Accounts receivable | $4.17B | $4.30B | $3.95B | $4.12B | $4.01B | -3.1% |
| Inventory | $449.00M | $326.00M | $389.00M | $378.00M | $453.00M | +37.7% |
| Total current assets | $7.54B | $8.37B | $7.41B | $7.05B | $7.07B | -9.9% |
| Property, plant & equipment | $32.97B | $33.13B | $33.54B | $32.76B | $29.52B | -0.5% |
| Goodwill & intangibles | $31.01B | $30.88B | $30.46B | $30.67B | $26.91B | +0.4% |
| Total assets | $81.04B | $81.38B | $80.17B | $78.58B | $71.13B | -0.4% |
| Total current liabilities | $10.30B | $11.37B | $12.86B | $12.18B | $11.57B | -9.4% |
| Current debt | $4.25B | $5.51B | $5.22B | $5.82B | $5.04B | -22.8% |
| Long-term debt | $37.52B | $37.45B | $34.90B | $35.16B | $32.52B | +0.2% |
| Total debt | $41.78B | $42.96B | $41.06B | $40.98B | $37.56B | -2.8% |
| Total liabilities | $56.86B | $57.72B | $56.85B | $55.83B | $52.76B | -1.5% |
| Retained earnings | -$2.10B | -$2.57B | -$3.64B | -$4.06B | -$8.38B | +18.5% |
| Shareholder equity | $23.86B | $23.36B | $23.02B | $22.46B | $18.07B | +2.2% |
| Working capital | -$2.75B | -$2.99B | -$5.45B | -$5.13B | -$4.51B | +8.1% |
| Net tangible assets | -$7.15B | -$7.52B | -$7.45B | -$8.21B | -$8.85B | +4.9% |
| Shares issued | 932.53M | 932.53M | 932.53M | 932.53M | 932.53M | 0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $629.00M | $667.00M | $632.00M | $4.55B | $644.00M | -5.7% |
| Depreciation & amortisation | $1.38B | $1.36B | $1.37B | $1.31B | $1.29B | +1.5% |
| Change in working capital | -$99.00M | -$269.00M | -$62.00M | $112.00M | -$47.00M | +63.2% |
| Operating cash flow | $2.16B | $1.15B | $1.56B | $1.91B | $1.95B | +88.2% |
| Capital expenditure | -$1.08B | -$841.00M | -$1.32B | -$894.00M | -$763.00M | -28.4% |
| Investing cash flow | -$1.13B | -$904.00M | -$1.30B | -$1.21B | -$750.00M | -24.7% |
| Share buybacks | -$30.00M | -$32.00M | -$39.00M | -$67.00M | -$39.00M | +6.3% |
| Dividends paid | -$444.00M | -$444.00M | -$454.00M | -$436.00M | -$646.00M | 0.0% |
| Financing cash flow | -$1.93B | $704.00M | -$404.00M | -$751.00M | -$1.74B | -374.7% |
| Free cash flow | $1.08B | $308.00M | $244.00M | $1.02B | $1.18B | +251.3% |
| End cash position | $479.00M | $1.38B | $320.00M | $465.00M | $510.00M | -65.2% |
Options analytics
Put / call volume
0.11
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
19.00
-3.8% from spot
ATM implied vol
3.1%
Nearest strike to spot
Skew (10% OTM)
-12.5%
Calls bid over puts
Call volume
74
Contracts, this expiry
Put volume
8
Contracts, this expiry
Heaviest call OI
19.00
0 contracts
Heaviest put OI
20.00
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.70 | 0.65 | -6.7% |
| Mar 2026 | 0.58 | 0.63 | +8.5% |
| Dec 2025 | 0.62 | 0.69 | +10.8% |
| Sep 2025 | 0.71 | 0.79 | +10.8% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.70 | 13 | $6.14B | +1.5% |
| Next quarter | 0.60 | 11 | $6.39B | -0.2% |
| Current year | 2.58 | 17 | $24.92B | +1.9% |
| Next year | 2.65 | 17 | $25.31B | +1.6% |
Analyst targets & ownership
Mean target$26.66
High target$28.26
Low target$24.66
Implied upside35.12%
Analyst count3
ConsensusBUY
Strong buy / Buy6 / 5
Hold7
Sell / Strong sell0 / 1
Held by insiders0.03%
Held by institutions52.98%
Institutions holding639
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
20.41
-3.31% from price
SMA 20
21.55
-8.34% from price
SMA 50
22.46
-12.06% from price
SMA 100
22.76
-13.30% from price
SMA 200
23.75
-16.85% from price
EMA 12
20.60
-4.24% from price
EMA 26
21.48
-8.14% from price
EMA 50
22.07
-10.60% from price
RSI (14)
18.8
Oversold
MACD (12,26,9)
-0.87
Hist -0.21
ATR (14)
0.46
2.31% of price
Realised vol 30D
15.5%
Annualised
Bollinger upper
24.16
20, 2σ
Bollinger lower
18.93
20, 2σ
50 / 200 cross
Death
22.46 vs 23.75
Trend bias
Below 200
-16.85%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
-0.17
Less volatile than market
Correlation to SPY
-0.11
Largely independent
Realised vol 30D
15.5%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-25.4%
Peak to trough
Max drawdown 5Y
-66.6%
Peak to trough
ATR 14
0.46
2.31% of price
Beta (reported)
0.65
5Y monthly, from filing
Short interest
Shares short
23.29M
Prior 30.76M
Change vs prior
-24.3%
Shorts covering
% of float
—
—
% of shares out
2.50%
Against total outstanding
Days to cover
7.9
Crowded exit
Float
931.43M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 11, 26 | B of A Securities | UPGRADE | Underperform | Buy |
| Jul 16, 26 | Barclays | MAINTAINED | Equal-Weight | Equal-Weight |
| Mar 17, 26 | RBC Capital | MAINTAINED | Outperform | Outperform |
| Nov 10, 25 | Barclays | MAINTAINED | Underweight | Underweight |
| Oct 16, 25 | RBC Capital | UPGRADE | Sector Perform | Outperform |
| May 14, 25 | RBC Capital | MAINTAINED | Sector Perform | Sector Perform |
| Feb 25, 25 | RBC Capital | MAINTAINED | Sector Perform | Sector Perform |
| Jan 21, 25 | Barclays | DOWNGRADE | Equal-Weight | Underweight |
| Nov 11, 24 | Barclays | MAINTAINED | Equal-Weight | Equal-Weight |
| Nov 5, 24 | Edward Jones | DOWNGRADE | Buy | Hold |
| Oct 9, 24 | Barclays | MAINTAINED | Equal-Weight | Equal-Weight |
| Sep 19, 24 | BMO Capital | MAINTAINED | Market Perform | Market Perform |
Dividends & splits
Forward rate$1.23 / yr
Forward yield6.21%
5-year avg yield6.93%
Payout ratio25.96%
Ex-dividend dateSep 15, 2026
Next pay dateOct 15, 2026
Last split1009:1000
Split dateJul 11, 2006
SEC filings
Corporate Changes & Voting Matters
6-K · 2026-08-10
Corporate Changes & Voting Matters
6-K · 2026-08-06
Corporate Changes & Voting Matters
6-K · 2026-07-23
Corporate Changes & Voting Matters
6-K · 2026-06-05
Voluntary supplemental material filed pursuant to Section 11(a) of the Securities Act of 1933 by foreign issuers
SUPPL · 2026-05-29
Corporate Changes & Voting Matters
6-K · 2026-05-28
Voluntary supplemental material filed pursuant to Section 11(a) of the Securities Act of 1933 by foreign issuers
SUPPL · 2026-05-27
Corporate Changes & Voting Matters
6-K · 2026-05-07
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PRIVATE STRATEGY · BY QUALIFICATION
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