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BCE Gross Profit

: $9,164 Mil (TTM As of Jun. 2021)
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BCE's gross profit for the three months ended in Jun. 2021 was $2,388 Mil. BCE's gross profit for the trailing twelve months (TTM) ended in Jun. 2021 was $9,164 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. BCE's gross profit for the three months ended in Jun. 2021 was $2,388 Mil. BCE's Revenue for the three months ended in Jun. 2021 was $4,663 Mil. Therefore, BCE's Gross Margin % for the quarter that ended in Jun. 2021 was 51.21%.

BCE had a gross margin of 51.21% for the quarter that ended in Jun. 2021 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of BCE was 50.57%. The lowest was 48.41%. And the median was 49.10%.


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 Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,025.34 8,874.62 8,617.89 9,062.19 9,033.49

BCE Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Gross Profit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,093.42 2,201.06 2,289.80 2,284.99 2,387.89

Competitive Comparison

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 Gross Profit Distribution

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. 2020 is calculated as

Gross Profit (A: Dec. 2020 )=Revenue - Cost of Goods Sold
=17864.782574752 - 8831.290498868
=9,033

BCE's Gross Profit for the quarter that ended in Jun. 2021 is calculated as

Gross Profit (Q: Jun. 2021 )=Revenue - Cost of Goods Sold
=4662.8477905074 - 2274.9590834697
=2,388

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $9,164 Mil.

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

BCE's Gross Margin % for the quarter that ended in Jun. 2021 is calculated as

Gross Margin % (Q: Jun. 2021 )=Gross Profit (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=(Revenue - Cost of Goods Sold) / Revenue
=2,388 / 4662.8477905074
=51.21 %

* 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.

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  (NYSE:BCE) 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 51.21% for the quarter that ended in Jun. 2021 => Durable competitive advantage


BCE Gross Profit Related Terms

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BCE Business Description

BCE logo
Industry
Address
1 Carrefour Alexander-Graham-Bell, Building A, 7th Floor, Verdun, QC, CAN, H3E 3B3
BCE is both a wireless and Internet service provider, offering 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 2020, the wireline segment accounted for 55% of total EBITDA, while wireless composed 38%, and media provided the remainder.

BCE Headlines

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