BCE (TSX:BCE.PR.R.PFD) OCF Margin %: 18.63% (As of Mar. 2026) — 42% Below Median


TSX:BCE.PR.R.PFD BCE Inc TSX:BCE.PR.R.PFD
81 GF Score
Price C$21.76
! 7 Warning Signs
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What is BCE OCF Margin %?

BCE TSX:BCE.PR.R.PFD 81 OCF Margin % is 18.63% as of Mar. 2026, which is 42% below its 10-year median of 32.27. GuruFocus rates TSX:BCE.PR.R.PFD with a GF Score™ of 81/100. The stock has 7 warning signs investors should review. Among 367 Telecommunication Services companies, BCE ranks better than 55.31% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. BCE's Cash Flow from Operations for the three months ended in Mar. 2026 was C$1,149.00 Mil. BCE's Revenue for the three months ended in Mar. 2026 was C$6,168.00 Mil. Therefore, BCE's OCF Margin % for the quarter that ended in Mar. 2026 was 18.63%.

As of today, BCE's current OCF Yield % is 21.30%.

The historical rank and industry rank for BCE's OCF Margin % or its related term are showing as below:


During the past 13 years, the highest OCF Margin % of BCE was 34.60%. The lowest was 28.58%. And the median was 32.27%.

TSX:BCE.PR.R.PFD's OCF Margin % is not ranked *
in the Telecommunication Services industry.
Industry Median: 22.44
* Ranked among companies with meaningful OCF Margin % only.

BCE OCF Margin % Related Terms

BCE OCF Margin % Historical Data

* Premium members only.

The historical data trend for BCE's OCF Margin % 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.

BCE OCF Margin % Chart

BCE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.15 34.60 32.21 28.63 28.58

BCE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Margin % Get a 7-Day Free Trial 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 26.49 32.00 31.64 24.38 18.63
TSX:BCE.PR.R.PFD
81GF Score
BCE Inc TSX:BCE.PR.R.PFD
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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BCE OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

BCE's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=6993/24468
=28.58 %

BCE's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1149/6168
=18.63 %

* 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.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 18.63% mean?
BCE (TSX:BCE.PR.R.PFD) has a OCF Margin % of 18.63% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on BCE and its competitors. This is 42% below median its historical median of 32.27. Over the past decade, BCE's OCF Margin % has ranged from 28.58 to 34.60. According to the industry distribution chart, BCE ranks #164 out of 367 companies in the Telecommunication Services industry, placing it in the top 44.7%.
Is BCE's OCF Margin % too high?
BCE's current OCF Margin % of 18.63% is 42% below median its 10-year median of 32.27. Over the past 10 years, this metric has ranged from a low of 28.58 to a high of 34.60. The Telecommunication Services industry median OCF Margin % is 22.44. BCE's value of 18.63% is 17% below this industry median. Based on the distribution chart, BCE ranks #164 out of 367 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, BCE has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does BCE's OCF Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, BCE ranks #164 out of 367 companies for OCF Margin %. This puts BCE in the upper half of its industry. The industry median OCF Margin % is 22.44. BCE's value of 18.63% is 17% below this benchmark. Historically, BCE's own OCF Margin % has ranged from 28.58 to 34.60 over the past decade. While the company's 10-year median is 32.27 vs. the industry median of 22.44, BCE has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a Telecommunication Services company?
The median OCF Margin % among Telecommunication Services companies is 22.44, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BCE's current OCF Margin % of 18.63% is 17% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on BCE and its competitors. For the Telecommunication Services industry, the median OCF Margin % is 22.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BCE's current OCF Margin % is 18.63%, which is 42% below median its own 10-year median of 32.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BCE stock overvalued right now?
BCE (TSX:BCE.PR.R.PFD) has a current OCF Margin % of 18.63%. The current OCF Margin % is 18.63%, which is 42% below median its 10-year median of 32.27 and 17% below the Telecommunication Services industry median of 22.44. BCE's overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For BCE (TSX:BCE.PR.R.PFD), the current OCF Margin % is 18.63% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

BCE Business Description

Address 1 Carrefour Alexander Graham Bell, Building A, Tour A-7, 7th Floor, Verdun, QC, CAN, H3E 3B3
BCE provides wireless, broadband, television, and landline phone services in Canada. It is one of the Big Three national wireless carriers, with over 10 million customers constituting about 30% of the market. It is also the 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. BCE has a media segment that holds television, radio, and digital media assets. BCE licenses the Canadian rights to HBO Max and Starz.
81GF Score

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