BCE (BCE) Pretax Margin %

: 9.96% (As of Dec. 2023)

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Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. BCE's Pre-Tax Income for the three months ended in Dec. 2023 was $481 Mil. BCE's Revenue for the three months ended in Dec. 2023 was $4,825 Mil. Therefore, BCE's pretax margin for the quarter that ended in Dec. 2023 was 9.96%.

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

BCE' s Pretax Margin % Range Over the Past 10 Years
Min: 13.47 Med: 16.95 Max: 19.32
Current: 13.47

BCE's Pretax Margin % is ranked better than
68.59% of 382 companies
in the Telecommunication Services industry
Industry Median: 5.655 vs BCE: 13.47

BCE Pretax Margin % Historical Data

The historical data trend for BCE's Pretax 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.

* Premium members only.

BCE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

18.30

14.27

16.79

16.10

13.47

BCE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Pretax Margin %																12.25	17.48	11.05	15.62	9.96

Competitive Comparison

For the Telecom Services subindustry, BCE's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution

For the Telecommunication Services industry and Communication Services sector, BCE's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where BCE's Pretax Margin % falls into.

BCE Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

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

Pretax Margin	=	Pre-Tax Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	2476.893	/	18390.727
	=	13.47 %

BCE's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	480.769	/	4824.836
	=	9.96 %

BCE (NYSE:BCE) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

BCE Pretax Margin % Related Terms

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BCE (BCE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » BCE Inc (NYSE:BCE) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

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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.