BCE (BCEIF.PFD) Gross Profit : $12,486.36 Mil (TTM As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is BCE Gross Profit?

BCE's gross profit for the six months ended in Mar. 2024 was $3,055.56 Mil. BCE's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $12,486.36 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. BCE's gross profit for the six months ended in Mar. 2024 was $3,055.56 Mil. BCE's Revenue for the six months ended in Mar. 2024 was $4,440.75 Mil. Therefore, BCE's Gross Margin % for the quarter that ended in Mar. 2024 was 68.81%.

BCE had a gross margin of 68.81% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of BCE was 70.23%. The lowest was 67.88%. And the median was 69.11%.

BCE Gross Profit Historical Data

The historical data trend for BCE's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BCE Gross Profit Chart

BCE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Profit

Get a 7-Day Free Trial

12,481.59

12,425.64

12,628.91

12,170.04

12,482.86

BCE Semi-Annual Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Profit	Get a 7-Day Free Trial															2,996.42	3,183.80	3,132.07	3,114.94	3,055.56

Competitive Comparison of BCE's Gross Profit

For the Telecom Services subindustry, BCE's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

BCE's Gross Profit Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, BCE's Gross Profit distribution charts can be found below:

* The bar in red indicates where BCE's Gross Profit falls into.

BCE Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

BCE's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	18390.727	-	5907.871
	=	12,482.86

BCE's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	4440.751	-	1385.195
	=	3,055.56

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 was $12,486.36 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

BCE's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )	=	Gross Profit (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	3,055.56	/	4440.751
	=	68.81 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

BCE (OTCPK:BCEIF.PFD) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

BCE had a gross margin of 68.81% for the quarter that ended in Mar. 2024 => Durable competitive advantage

BCE Gross Profit Related Terms

Thank you for viewing the detailed overview of BCE's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.

BCE (BCEIF.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » BCE Inc (OTCPK:BCEIF.PFD) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

BCEPF.PFD:USA BECEF.PFD:USA BCEXF.PFD:USA BCEFF.PFD:USA BCE:USA BCE1:Germany BCE1:Germany BCE.PR.L.PFD:Canada BCE.PR.Z.PFD:Canada BCE.PR.Y.PFD:Canada BCE.PR.T.PFD:Canada BCE.PR.S.PFD:Canada BCE.PR.R.PFD:Canada BCE.PR.Q.PFD:Canada BCE.PR.N.PFD:Canada BCE.PR.M.PFD:Canada BCE.PR.K.PFD:Canada BCE.PR.J.PFD:Canada BCE.PR.I.PFD:Canada BCE.PR.H.PFD:Canada BCE.PR.G.PFD:Canada BCE.PR.F.PFD:Canada BCE.PR.E.PFD:Canada BCE.PR.D.PFD:Canada BCE.PR.C.PFD:Canada BCE.PR.B.PFD:Canada BCE.PR.A.PFD:Canada BCE:Canada

Address

1 Carrefour Alexander Graham Bell, Tour A-7, Verdun, QC, CAN, H3E 3B3

Website

https://www.bce.ca

BCE provides wireless, broadband, television, and landline phone services in Canada. It is one of the big three national wireless carriers, with its roughly 10 million customers constituting about 30% of the market. It is also the ILEC (incumbent local exchange carrier—the legacy telephone provider) throughout much of the eastern half of Canada, including in the most populous Canadian provinces: Ontario and Quebec. Additionally, BCE has a media segment, which holds television, radio, and digital media assets. BCE licenses the Canadian rights to movie channels including HBO, Showtime, and Starz. In 2022, the wireline segment made up 52% of total EBITDA, while wireless was 31% and media provided the remainder.