BCE
BCE Inc.
Price Chart
Latest Quote
$21.84
-0.30 (-1.36%)
Current Price
| Previous Close | $22.14 |
| Open | $22.30 |
| Day High | $22.37 |
| Day Low | $21.81 |
| Volume | 3,866,507 |
Stock Information
Note: Financial values converted from CAD to USD
| Quarterly Dividend / Yield | $1.23 / 5.57% |
| Shares Outstanding | 932.53M |
| Quarterly Dividend Yield | 5.57% |
| Quarterly Dividend | $1.23 |
| Total Debt | $30.64B |
| Cash Equivalents | $981.46M |
| Revenue | $17.62B |
| Net Income | $4.49B |
| Sector | Communication Services |
| Industry | Telecom Services |
| Market Cap | $20.37B |
| P/E Ratio | 4.65 |
| EPS (TTM) | $4.70 |
| Exchange | NYQ |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $65.49B |
| Sales | $17.62B |
| Income | $4.49B |
| Book/sh | $15.18 |
| Cash/sh | $1.48 |
| Employees | 39K |
Financial Ratios
| Quick Ratio | 0.55 |
| Current Ratio | 0.74 |
| Debt/Eq | 181.63 |
| EPS Growth TTM | -2.70% |
Returns & Margins
| ROA | 4.42% |
| ROE | 31.49% |
| Gross Margin | 44.96% |
| Operating Margin | 21.27% |
| Profit Margin | 26.07% |
Ownership
| Insider Ownership | 0.03% |
| Institutional Ownership | 50.50% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 11.46 |
| PEG | 0.22 |
| P/S | 0.82 |
| P/B | 1.44 |
Analyst Data
| Recommendation | buy |
| Target Price | $27.33 |
Technical Indicators
| SMA20 | $21.96 |
| SMA50 | $23.24 |
| SMA200 | $23.50 |
| RSI | 39.58 |
| ATR | 0.5829 |
| Shares Float | 931.43M |
| Short Ratio | 5.77 |
| Volatility | 0.60 |
| Rel Volume | 1.02 |
Performance History
| Week | +2.15% |
| Month | -8.31% |
| Quarter | -8.44% |
| 6 Months | -7.51% |
| YTD | -5.32% |
| Year | -5.86% |
| 3 Years | -38.80% |
| 5 Years | -38.55% |
| 10 Years | -18.19% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-07-17 | $21.84 | 4,144,400 |
| 2026-07-16 | $22.14 | 5,163,200 |
| 2026-07-15 | $21.60 | 3,679,100 |
| 2026-07-14 | $21.20 | 4,332,100 |
| 2026-07-13 | $21.45 | 3,527,800 |
| 2026-07-10 | $21.38 | 3,005,700 |
| 2026-07-09 | $21.32 | 3,645,900 |
| 2026-07-08 | $21.45 | 3,789,900 |
| 2026-07-07 | $21.40 | 4,749,200 |
| 2026-07-06 | $20.87 | 5,182,900 |
| 2026-07-02 | $21.42 | 7,656,700 |
| 2026-07-01 | $21.02 | 2,611,600 |
| 2026-06-30 | $21.51 | 4,920,200 |
| 2026-06-29 | $22.26 | 4,603,600 |
| 2026-06-26 | $22.92 | 3,562,200 |
| 2026-06-25 | $23.20 | 3,307,300 |
| 2026-06-24 | $23.20 | 3,856,000 |
| 2026-06-23 | $23.04 | 2,839,500 |
| 2026-06-22 | $22.65 | 3,909,900 |
| 2026-06-18 | $23.28 | 3,008,100 |
About BCE Inc.
BCE Inc., a communications company, provides wireless, wireline, internet, streaming services, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through three segments: Bell Communication and Technology Services Canada, Bell Communication and Technology Services United States, and Bell Media. The Bell Communication and Technology Services Canada segment provides wireless products and services, including mobile data and voice plans, streaming services, and devices; wireline products and services comprising data, including internet access, internet protocol television, cloud-based services, and AI-driven and business solutions, as well as voice, and other communication services and products, satellite TV and connectivity services for residential, small and medium-sized business, and large enterprise customers. This segment also buys and sells local telephone, long distance, and data and other services to resellers and other carriers. The Bell Communication and Technology Services United States segment provides wireline communication products and services comprising data, including broadband Internet, commercial ethernet, dedicated Internet-non-switched access, and other data transport networking options; and voice, including traditional and voice over Internet protocol voice services, such as local, long distance, and unified communications as a service and video products to residential, business, and wholesale customers. The Bell Media segment provides a portfolio of video, audio, out-of-home advertising, and digital media services. BCE Inc. was founded in 1880 and is headquartered in Verdun, Canada.
đ° Latest News
BCE (TSX:BCE) Tests Its AI Narrative After Recent Weakness As Fair Value Stays Higher
Simply Wall St. âĸ 2026-07-16T23:16:46Z
BCE (TSX:BCE) Stock Looks Like A Bargain Despite Regulatory Risks
Simply Wall St. âĸ 2026-07-16T11:16:05Z
5 Dividend Stocks Flashing Warning Signs
24/7 Wall St. âĸ 2026-07-10T15:18:08Z
How BCE (BCE) Is Using Bellâs AI Infrastructure Deal to Move Beyond Core Telecom
Insider Monkey âĸ 2026-07-07T17:37:09Z
Will BCE (BCE) Beat Estimates Again in Its Next Earnings Report?
Zacks âĸ 2026-07-07T16:10:05Z
CRTC calls on Bell, Rogers and Telus to justify new fees as ban on old fees comes into effect
Financial Post âĸ 2026-07-07T15:02:58Z
Rogers Pays $3.1 Billion for Full Control of NBA, NHL Teams
Bloomberg âĸ 2026-07-06T13:00:07ZBCE Inc. (BCE) Inks Major AI Infrastructure Deal
Insider Monkey âĸ 2026-07-05T22:53:08Z
Palantir, Chevron upgraded: Wall Street's top analyst calls
The Fly âĸ 2026-07-02T13:42:35Z
BCE (TSX:BCE) Stock Looks Undervalued Despite A 37% Three Year Fall
Simply Wall St. âĸ 2026-07-01T11:10:01Z
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $5,431,456,180 | $5,420,902,832 | $5,576,388,819 | $5,375,875,216 |
| Cost Of Revenue | $5,431,456,180 | $5,420,902,832 | $5,576,388,819 | $5,375,875,216 |
| Total Revenue | $17,214,620,442 | $17,173,110,608 | $17,358,849,524 | $17,007,774,831 |
| Operating Revenue | $17,214,620,442 | $17,173,110,608 | $17,358,849,524 | $17,007,774,831 |
| Expenses | ||||
| Interest Expense | $1,248,812,788 | $1,205,192,284 | $1,037,745,838 | $806,275,749 |
| Total Expenses | $13,401,344,212 | $13,269,779,146 | $13,489,992,331 | $13,155,099,437 |
| Other Income Expense | $2,730,502,776 | $-2,161,325,568 | $-616,315,494 | $-358,813,815 |
| Other Non Operating Income Expenses | $-9,849,791 | $41,509,834 | $23,217,364 | $-1,407,113 |
| Net Non Operating Interest Income Expense | $-1,121,469,061 | $-1,072,220,106 | $-914,623,450 | $-754,916,124 |
| Total Other Finance Cost | $-71,762,763 | $-46,434,729 | $-75,984,102 | $-35,881,382 |
| Interest Expense Non Operating | $1,248,812,788 | $1,205,192,284 | $1,037,745,838 | $806,275,749 |
| Operating Expense | $7,969,888,032 | $7,848,876,314 | $7,913,603,512 | $7,779,224,220 |
| Other Operating Expenses | $1,485,207,772 | $1,348,014,254 | $1,353,642,706 | $1,348,717,810 |
| General And Administrative Expense | $2,799,451,314 | $2,954,233,744 | $3,099,869,939 | $3,107,609,060 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $4,544,974,990 | $242,023,436 | $1,592,148,360 | $2,017,800,042 |
| Net Interest Income | $-1,121,469,061 | $-1,072,220,106 | $-914,623,450 | $-754,916,124 |
| Interest Income | $55,580,964 | $86,537,450 | $47,138,286 | $15,478,243 |
| Normalized Income | $2,234,133,112 | $1,972,702,070 | $1,767,474,639 | $2,254,296,338 |
| Net Income From Continuing And Discontinued Operation | $4,544,974,990 | $242,023,436 | $1,592,148,360 | $2,017,800,042 |
| Net Income Common Stockholders | $4,435,923,732 | $114,679,710 | $1,460,583,294 | $1,910,859,454 |
| Net Income | $4,544,974,990 | $242,023,436 | $1,592,148,360 | $2,017,800,042 |
| Net Income Including Noncontrolling Interests | $4,582,967,041 | $263,833,688 | $1,637,175,976 | $2,058,606,319 |
| Net Income Continuous Operations | $4,582,967,041 | $263,833,688 | $1,637,175,976 | $2,058,606,319 |
| Pretax Income | $5,422,309,946 | $669,785,788 | $2,337,918,250 | $2,738,945,454 |
| Special Income Charges | $-929,398,136 | $-1,886,938,533 | $-178,703,351 | $-294,086,617 |
| Earnings From Equity Interest | $5,628,452 | $-166,742,890 | $-389,066,744 | $-42,916,946 |
| Interest Income Non Operating | $55,580,964 | $86,537,450 | $47,138,286 | $15,478,243 |
| Operating Income | $3,813,276,230 | $3,903,331,462 | $3,868,857,194 | $3,852,675,394 |
| Depreciation Amortization Depletion Income Statement | $3,685,228,947 | $3,546,628,316 | $3,460,090,867 | $3,322,897,350 |
| Depreciation And Amortization In Income Statement | $3,685,228,947 | $3,546,628,316 | $3,460,090,867 | $3,322,897,350 |
| Amortization Of Intangibles Income Statement | $968,797,300 | $902,662,990 | $825,271,774 | $747,880,560 |
| Depreciation Income Statement | $2,716,431,646 | $2,643,965,327 | $2,634,819,092 | $2,575,016,790 |
| Gross Profit | $11,783,164,262 | $11,752,207,776 | $11,782,460,706 | $11,631,899,614 |
| Net Income Discontinuous Operations | - | - | - | - |
| Per Share | ||||
| Diluted EPS | $4.78 | $0.13 | $1.60 | $2.10 |
| Basic EPS | $4.78 | $0.13 | $1.60 | $2.10 |
| Other | ||||
| Tax Effect Of Unusual Items | $423,882,238 | $-305,413,877 | $-75,139,834 | $-77,993,459 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $7,621,627,564 | $7,457,698,900 | $7,086,221,068 | $7,182,608,308 |
| Total Unusual Items | $2,734,724,116 | $-2,036,092,511 | $-250,466,114 | $-314,489,756 |
| Total Unusual Items Excluding Goodwill | $2,734,724,116 | $-2,036,092,511 | $-250,466,114 | $-314,489,756 |
| Reconciled Depreciation | $3,685,228,947 | $3,546,628,316 | $3,460,090,867 | $3,322,897,350 |
| EBITDA (Bullshit earnings) | $10,356,351,680 | $5,421,606,389 | $6,835,754,954 | $6,868,118,553 |
| EBIT | $6,671,122,733 | $1,874,978,072 | $3,375,664,087 | $3,545,221,204 |
| Diluted Average Shares | $653,302,465 | $641,854,595 | $641,784,239 | $641,643,528 |
| Basic Average Shares | $653,302,465 | $641,854,595 | $641,784,239 | $641,291,750 |
| Diluted NI Availto Com Stockholders | $4,435,923,732 | $114,679,710 | $1,460,583,294 | $1,910,859,454 |
| Preferred Stock Dividends | $109,051,258 | $127,343,726 | $131,565,066 | $106,940,588 |
| Minority Interests | $-37,992,051 | $-21,810,252 | $-45,027,616 | $-40,806,277 |
| Tax Provision | $839,342,904 | $405,952,100 | $700,742,274 | $680,339,136 |
| Gain On Sale Of Ppe | $-18,292,469 | $-26,735,147 | $7,739,122 | $-18,996,026 |
| Other Special Charges | $-175,185,568 | - | $703,556 | $12,664,017 |
| Impairment Of Capital Assets | $722,552,526 | $1,540,788,735 | $100,608,580 | $196,292,264 |
| Restructuring And Mergern Acquisition | $363,738,710 | $319,414,651 | $140,711,300 | $66,134,311 |
| Gain On Sale Of Security | $3,664,122,252 | $-149,153,978 | $-71,762,763 | $-20,403,138 |
| Amortization | $968,797,300 | $902,662,990 | $825,271,774 | $747,880,560 |
| Selling General And Administration | $2,799,451,314 | $2,954,233,744 | $3,099,869,939 | $3,107,609,060 |
| Salaries And Wages | $2,799,451,314 | $2,954,233,744 | $3,099,869,939 | $3,107,609,060 |
| Gain On Sale Of Business | - | - | $55,580,964 | $16,885,356 |
Fetched: 2026-07-07
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $-5,238,051,848 | $-7,018,778,406 | $-5,151,513,181 | $-3,455,214,590 |
| Total Assets | $56,401,400,456 | $51,701,576,904 | $50,614,566,816 | $48,777,554,946 |
| Total Non Current Assets | $51,190,084,131 | $45,423,653,917 | $45,057,799,389 | $44,213,519,709 |
| Other Non Current Assets | $258,912,435 | $244,841,107 | $196,295,026 | $187,148,662 |
| Non Current Deferred Assets | $799,954,997 | $720,451,994 | $615,620,600 | $483,350,117 |
| Non Current Deferred Taxes Assets | $125,234,819 | $95,685,030 | $67,542,374 | $59,099,578 |
| Non Current Accounts Receivable | $893,529,328 | $789,401,501 | $720,451,994 | $653,613,186 |
| Financial Assets | $51,360,347 | $157,598,874 | $81,613,702 | $163,930,971 |
| Investmentin Financial Assets | $842,872,547 | $617,027,733 | $412,993,477 | $151,266,776 |
| Goodwill And Other Intangible Assets | $21,434,150,376 | $19,029,360,421 | $19,383,957,886 | $19,058,910,210 |
| Other Intangible Assets | $12,125,263,338 | $11,810,065,590 | $11,685,534,338 | $11,385,815,051 |
| Current Assets | $5,211,316,325 | $6,277,922,987 | $5,556,767,427 | $4,564,035,237 |
| Other Current Assets | $291,276,490 | $368,668,794 | $185,741,530 | $227,955,514 |
| Assets Held For Sale Current | $4,924,965 | $56,285,312 | $42,213,984 | $0 |
| Current Deferred Assets | $597,327,874 | $493,903,613 | $445,357,531 | $379,925,856 |
| Prepaid Assets | $266,651,666 | $182,223,698 | $161,820,272 | $171,670,202 |
| Inventory | $273,687,330 | $295,497,888 | $327,158,376 | $461,539,558 |
| Receivables | $3,552,306,754 | $3,493,910,742 | $3,147,756,074 | $3,218,112,714 |
| Receivables Adjustments Allowances | $-111,163,491 | $-134,381,182 | $-102,017,128 | $-112,570,624 |
| Other Receivables | $633,209,760 | $600,142,139 | $530,489,066 | $493,903,613 |
| Taxes Receivable | $251,876,771 | $83,724,402 | $16,885,594 | $41,510,418 |
| Accounts Receivable | $2,778,383,714 | $2,944,425,384 | $2,702,398,542 | $2,795,269,307 |
| Allowance For Doubtful Accounts Receivable | $-115,384,890 | $-84,427,968 | $-83,020,835 | $-90,760,066 |
| Gross Accounts Receivable | $2,893,768,603 | $3,028,853,352 | $2,785,419,378 | $2,886,029,373 |
| Cash Cash Equivalents And Short Term Investments | $225,141,248 | $1,387,432,941 | $1,246,719,661 | $104,831,394 |
| Cash And Cash Equivalents | $225,141,248 | $1,106,006,381 | $543,153,261 | $104,831,394 |
| Cash Equivalents | $4,221,398 | $0 | $158,302,440 | $35,178,320 |
| Cash Financial | $220,919,850 | $1,106,006,381 | $384,850,821 | $69,653,074 |
| Debt | ||||
| Net Debt | $28,006,164,118 | $26,625,766,842 | $24,154,138,078 | $21,698,691,342 |
| Total Debt | $28,887,732,818 | $28,497,253,466 | $25,452,921,653 | $22,457,839,488 |
| Long Term Debt And Capital Lease Obligation | $24,557,281,626 | $23,101,602,744 | $21,905,539,864 | $19,547,185,291 |
| Long Term Debt | $24,557,281,626 | $23,101,602,744 | $21,905,539,864 | $19,547,185,291 |
| Current Debt And Capital Lease Obligation | $4,330,451,192 | $5,395,650,722 | $3,547,381,789 | $2,910,654,197 |
| Current Debt | $3,674,023,741 | $4,630,170,478 | $2,791,751,475 | $2,256,337,445 |
| Other Current Borrowings | $1,819,422,710 | $3,028,853,352 | $2,594,049,317 | $1,644,938,243 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $40,001,267,672 | $39,487,664,200 | $36,151,352,331 | $32,936,757,450 |
| Total Non Current Liabilities Net Minority Interest | $30,956,218,034 | $29,042,517,426 | $27,633,273,926 | $24,867,554,408 |
| Other Non Current Liabilities | $184,334,397 | $157,598,874 | $390,479,352 | $232,880,478 |
| Derivative Product Liabilities | $449,578,930 | $607,177,803 | $427,064,805 | $134,381,182 |
| Non Current Deferred Liabilities | $4,558,406,706 | $3,935,750,442 | $3,620,552,694 | $3,645,177,518 |
| Non Current Deferred Taxes Liabilities | $4,295,272,872 | $3,689,502,202 | $3,425,664,802 | $3,484,764,379 |
| Current Liabilities | $9,045,049,638 | $10,445,146,774 | $8,518,078,405 | $8,069,203,042 |
| Other Current Liabilities | $472,796,621 | $818,951,290 | $418,622,008 | $583,960,112 |
| Current Deferred Liabilities | $613,509,901 | $544,560,394 | $570,592,350 | $602,956,405 |
| Current Notes Payable | $60,506,710 | $60,506,710 | $59,099,578 | $14,071,328 |
| Payables And Accrued Expenses | $3,589,595,773 | $3,640,252,554 | $3,935,750,442 | $3,919,568,414 |
| Interest Payable | $306,051,384 | $275,798,029 | $233,584,045 | $197,702,158 |
| Payables | $3,283,544,389 | $3,364,454,525 | $3,702,166,397 | $3,721,866,256 |
| Other Payable | $520,639,136 | $492,496,480 | $445,357,531 | $427,064,805 |
| Dividends Payable | $299,015,720 | $656,427,451 | $640,245,424 | $609,992,069 |
| Total Tax Payable | $481,942,984 | $132,270,483 | $289,165,790 | $150,563,210 |
| Accounts Payable | $1,981,946,549 | $2,083,260,110 | $2,327,397,651 | $2,534,246,173 |
| Equity | ||||
| Common Stock Equity | $13,882,772,205 | $9,524,881,923 | $11,652,466,717 | $12,880,893,651 |
| Preferred Stock Equity | $2,313,326,323 | $2,485,700,091 | $2,579,977,989 | $2,722,801,968 |
| Total Equity Gross Minority Interest | $16,400,132,784 | $12,213,912,704 | $14,463,214,485 | $15,840,797,496 |
| Stockholders Equity | $16,196,098,528 | $12,010,582,014 | $14,232,444,706 | $15,603,695,619 |
| Gains Losses Not Affecting Retained Earnings | $403,143,547 | $-111,867,058 | $-29,549,789 | $-38,696,152 |
| Other Equity Adjustments | $403,143,547 | $-111,867,058 | $-29,549,789 | $-38,696,152 |
| Retained Earnings | $-2,562,388,829 | $-5,938,803,982 | $-3,878,761,563 | $-2,567,313,794 |
| Long Term Equity Investment | $278,612,294 | $239,916,142 | $227,251,947 | $427,768,371 |
| Other | ||||
| Preferred Shares Number | $92,699,009 | $99,627,872 | $103,389,481 | $109,105,630 |
| Ordinary Shares Number | $656,093,832 | $641,851,739 | $641,845,717 | $641,640,502 |
| Share Issued | $656,093,832 | $641,851,739 | $641,845,717 | $641,640,502 |
| Tangible Book Value | $-7,551,378,171 | $-9,504,478,498 | $-7,731,491,170 | $-6,178,016,558 |
| Invested Capital | $42,114,077,571 | $37,256,655,146 | $36,349,758,056 | $34,684,416,387 |
| Working Capital | $-3,833,733,314 | $-4,167,223,787 | $-2,961,310,978 | $-3,505,167,805 |
| Capital Lease Obligations | $656,427,451 | $765,480,243 | $755,630,314 | $654,316,752 |
| Total Capitalization | $40,753,380,154 | $35,112,184,758 | $36,137,984,570 | $35,150,880,910 |
| Minority Interest | $204,034,256 | $203,330,690 | $230,769,779 | $237,101,877 |
| Additional Paid In Capital | $920,264,851 | $899,157,859 | $885,086,531 | $824,579,821 |
| Capital Stock | $17,435,078,958 | $17,162,095,195 | $17,255,669,526 | $17,385,125,744 |
| Common Stock | $15,121,752,635 | $14,676,395,104 | $14,675,691,538 | $14,662,323,776 |
| Preferred Stock | $2,313,326,323 | $2,485,700,091 | $2,579,977,989 | $2,722,801,968 |
| Employee Benefits | $996,953,589 | $1,037,760,440 | $1,088,417,221 | $1,105,302,814 |
| Non Current Pension And Other Postretirement Benefit Plans | $809,804,926 | $847,093,946 | $899,157,859 | $922,375,550 |
| Non Current Deferred Revenue | $263,133,834 | $246,248,240 | $194,887,893 | $160,413,139 |
| Long Term Provisions | $209,662,787 | $202,627,123 | $201,219,990 | $202,627,123 |
| Current Deferred Revenue | $613,509,901 | $544,560,394 | $570,592,350 | $602,956,405 |
| Current Capital Lease Obligation | $656,427,451 | $765,480,243 | $755,630,314 | $654,316,752 |
| Commercial Paper | $1,794,094,320 | $1,540,810,416 | $138,602,581 | $597,327,874 |
| Current Provisions | $38,696,152 | $45,731,816 | $45,731,816 | $52,063,914 |
| Current Accrued Expenses | $306,051,384 | $275,798,029 | $233,584,045 | $197,702,158 |
| Defined Pension Benefit | $3,032,371,184 | $2,517,360,579 | $2,064,967,384 | $2,503,992,818 |
| Investments And Advances | $1,121,484,842 | $856,943,875 | $640,245,424 | $579,035,147 |
| Available For Sale Securities | $842,872,547 | $617,027,733 | $412,993,477 | $151,266,776 |
| Goodwill | $9,308,887,038 | $7,219,294,830 | $7,698,423,549 | $7,673,095,158 |
| Net PPE | $23,598,320,622 | $21,107,695,566 | $21,354,647,373 | $20,583,538,598 |
| Accumulated Depreciation | $-41,862,200,800 | $-41,183,962,790 | $-39,740,244,538 | $-38,243,055,238 |
| Gross PPE | $65,460,521,422 | $62,291,658,357 | $61,094,891,910 | $58,826,593,837 |
| Construction In Progress | $1,815,904,878 | $1,565,435,240 | $1,656,898,872 | $1,827,865,507 |
| Other Properties | $55,825,883,141 | $53,577,284,926 | $52,539,524,486 | $50,568,835,000 |
| Properties | $7,818,733,403 | $7,148,938,190 | $6,898,468,552 | $6,429,893,330 |
| Finished Goods | $273,687,330 | $295,497,888 | $327,158,376 | $461,539,558 |
| Other Short Term Investments | $0 | $281,426,560 | $703,566,400 | $0 |
| Machinery Furniture Equipment | - | - | - | $50,568,835,000 |
| Other Investments | - | - | - | - |
Fetched: 2026-07-07
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $2,314,733,456 | $1,801,129,984 | $2,238,748,285 | $2,271,815,906 |
| Operating Activities | ||||
| Operating Cash Flow | $4,920,039,835 | $4,916,522,003 | $5,590,538,614 | $5,885,332,936 |
| Cash Flow From Continuing Operating Activities | $4,920,039,835 | $4,916,522,003 | $5,590,538,614 | $5,885,332,936 |
| Operating Gains Losses | $-3,778,151,568 | $233,584,045 | $421,436,274 | $151,970,342 |
| Cash From Discontinued Operating Activities | - | - | - | - |
| Investing Activities | ||||
| Capital Expenditure | $-2,605,306,379 | $-3,115,392,019 | $-3,351,790,330 | $-3,613,517,030 |
| Investing Cash Flow | $-2,532,839,040 | $-3,122,427,683 | $-4,067,317,358 | $-3,881,575,829 |
| Cash Flow From Continuing Investing Activities | $-2,532,839,040 | $-3,122,427,683 | $-4,067,317,358 | $-3,881,575,829 |
| Net Other Investing Changes | $-66,838,808 | $25,328,390 | $-2,814,266 | $-2,814,266 |
| Capital Expenditure Reported | $-2,603,195,680 | $-2,741,798,261 | $-3,223,037,678 | $-3,611,406,331 |
| Cash From Discontinued Investing Activities | - | - | - | - |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-128,049,085 | $-64,728,109 | $-98,499,296 | $-87,945,800 |
| Financing Cash Flow | $-3,268,769,494 | $-1,231,241,200 | $-1,084,899,389 | $-2,102,256,403 |
| Cash Flow From Continuing Financing Activities | $-3,268,769,494 | $-1,231,241,200 | $-1,084,899,389 | $-2,102,256,403 |
| Net Other Financing Charges | $-168,855,936 | $-69,653,074 | $-154,784,608 | $443,246,832 |
| Cash Dividends Paid | $-1,531,664,053 | $-2,673,552,320 | $-2,580,681,555 | $-2,425,896,947 |
| Preferred Stock Dividend Paid | $-106,238,526 | $-131,566,917 | $-128,049,085 | $-95,685,030 |
| Common Stock Dividend Paid | $-1,425,425,526 | $-2,541,985,403 | $-2,452,632,470 | $-2,330,211,917 |
| Net Preferred Stock Issuance | $-128,049,085 | $-64,728,109 | $-98,499,296 | $-87,945,800 |
| Issuance Of Capital Stock | - | $0 | $12,664,195 | $120,309,854 |
| Net Common Stock Issuance | - | $0 | $12,664,195 | $120,309,854 |
| Common Stock Issuance | - | $0 | $12,664,195 | $120,309,854 |
| Cash From Discontinued Financing Activities | - | - | - | - |
| Other | ||||
| Repayment Of Debt | $-7,100,392,109 | $-2,323,879,819 | $-1,307,226,371 | $-1,423,314,827 |
| Issuance Of Debt | $5,812,162,030 | $4,065,910,226 | $3,655,027,448 | $1,372,658,046 |
| End Cash Position | $225,141,248 | $1,106,006,381 | $543,153,261 | - |
| Beginning Cash Position | $1,106,006,381 | $543,153,261 | $104,831,394 | - |
| Effect Of Exchange Rate Changes | $703,566 | $0 | - | - |
| Changes In Cash | $-881,568,699 | $562,853,120 | $438,321,867 | - |
| Proceeds From Stock Option Exercised | $-151,970,342 | $-165,338,104 | $-156,895,307 | $-179,409,432 |
| Preferred Stock Payments | $-128,049,085 | $-64,728,109 | $-98,499,296 | $-87,945,800 |
| Net Issuance Payments Of Debt | $-1,288,230,078 | $1,742,030,406 | $1,893,297,182 | $27,439,090 |
| Net Short Term Debt Issuance | $318,012,013 | $1,368,436,648 | $-454,503,894 | $78,095,870 |
| Short Term Debt Issuance | $318,012,013 | $1,368,436,648 | - | $78,095,870 |
| Net Long Term Debt Issuance | $-1,606,242,091 | $373,593,758 | $2,347,801,077 | $-50,656,781 |
| Long Term Debt Payments | $-7,100,392,109 | $-2,323,879,819 | $-1,307,226,371 | $-1,423,314,827 |
| Long Term Debt Issuance | $5,494,150,018 | $2,697,473,578 | $3,655,027,448 | $1,372,658,046 |
| Net Investment Purchase And Sale | $3,518,535,566 | $406,661,379 | $-703,566,400 | $0 |
| Sale Of Investment | $3,576,931,578 | $430,582,637 | - | - |
| Purchase Of Investment | $-58,396,011 | $-23,921,258 | - | - |
| Net Business Purchase And Sale | $-3,379,229,419 | $-439,025,434 | $-9,146,363 | $-265,244,533 |
| Sale Of Business | $71,763,773 | $0 | $147,045,378 | $36,585,453 |
| Purchase Of Business | $-3,450,993,192 | $-439,025,434 | $-156,191,741 | $-301,829,986 |
| Net Intangibles Purchase And Sale | $-2,110,699 | $-373,593,758 | $-128,752,651 | $-2,110,699 |
| Taxes Refund Paid | $-518,528,437 | $-550,892,491 | $-492,496,480 | $-526,971,234 |
| Interest Paid Cfo | $-1,272,048,051 | $-1,237,573,298 | $-1,045,499,670 | $-842,168,981 |
| Change In Working Capital | $-462,243,125 | $-375,704,458 | $-110,459,925 | $228,659,080 |
| Change In Other Working Capital | $-462,243,125 | $-375,704,458 | $-110,459,925 | $254,691,037 |
| Other Non Cash Items | $1,120,781,275 | $1,089,824,354 | $918,857,718 | $615,620,600 |
| Asset Impairment Charge | $722,562,693 | $1,540,810,416 | $100,609,995 | $196,295,026 |
| Deferred Tax | $839,354,715 | $405,957,813 | $700,752,134 | $680,348,709 |
| Deferred Income Tax | $839,354,715 | $405,957,813 | $700,752,134 | $680,348,709 |
| Depreciation Amortization Depletion | $3,685,280,803 | $3,546,678,222 | $3,460,139,555 | $3,322,944,107 |
| Depreciation And Amortization | $3,685,280,803 | $3,546,678,222 | $3,460,139,555 | $3,322,944,107 |
| Amortization Cash Flow | $968,810,933 | $902,675,691 | $825,283,387 | $747,891,083 |
| Amortization Of Intangibles | $968,810,933 | $902,675,691 | $825,283,387 | $747,891,083 |
| Depreciation | $2,716,469,870 | $2,644,002,531 | $2,634,856,168 | $2,575,053,024 |
| Pension And Employee Benefit Expense | $67,542,374 | $99,906,429 | $68,949,507 | $139,306,147 |
| Earnings Losses From Equity Investments | $0 | $173,780,901 | $408,772,078 | $29,549,789 |
| Gain Loss On Investment Securities | $-3,670,505,909 | $-40,103,285 | $-56,285,312 | $-16,885,594 |
| Net Income From Continuing Operations | $4,583,031,530 | $263,837,400 | $1,637,199,013 | $2,058,635,286 |
| Short Term Debt Payments | - | - | $-454,503,894 | - |
| Change In Receivables | - | - | $-40,103,285 | $-26,031,957 |
| Purchase Of Intangibles | - | - | - | $-2,110,699 |
Fetched: 2026-07-07