Bce (BCE) Return on Invested Capital [ROIC] (2009 - 2026)
Bce (BCE) recorded Return on Invested Capital [ROIC] of 20.15% in the quarter ended Mar 31, 2026, down 3.22 percentage points from 23.37% a year earlier.
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Analysis
Bce (BCE) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Bce reported Return on Invested Capital [ROIC] of 27.12%, down 1.11 percentage points from the prior year.
- Annual Return on Invested Capital [ROIC] has a five-year change of +17.93 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 28.23% in the year ended Dec 31, 2024 (+19.73 pp), 8.50% in the year ended Dec 31, 2023 (-0.51 pp), 9.01% in the year ended Dec 31, 2022 (-1.15 pp) and 10.16% in the year ended Dec 31, 2021 (+0.97 pp).
- The figure for the quarter ended Mar 31, 2026 is the lowest quarterly Return on Invested Capital [ROIC] since the quarter ended Sep 30, 2012.
- On a year-over-year basis, Return on Invested Capital [ROIC] rose in 1 of the last five quarters, with an average year-over-year change of -5.02 percentage points.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 1.59 percentage points in the quarter ended Dec 31, 2024, against a drop of 11.98 percentage points in the quarter ended Sep 30, 2025 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 185.43 Bn | 149.83 Bn | 27.03 Bn | 7.99% |
| 2 | T-Mobile US | 157.50 Bn | 142.25 Bn | 14.76 Bn | 9.86% |
| 3 | Grupo Televisa, S.A.B | 146.85 Bn | 139.14 Bn | 318.12 Mn | 2.87% |
| 4 | At&T | 140.99 Bn | 98.44 Bn | 26.22 Bn | 6.91% |
| 5 | Comcast | 80.32 Bn | 46.28 Bn | - | 7.84% |
| 6 | Vodafone Group Public | 38.29 Bn | 11.97 Bn | - | - |
| 7 | Chunghwa Telecom | 37.65 Bn | 30.15 Bn | 728.80 Mn | 10.71% |
| 8 | EchoStar | 25.85 Bn | 16.98 Bn | 1.65 Bn | -35.40% |
| 9 | Telefonica Brasil | 20.72 Bn | 14.74 Bn | 1.42 Bn | - |
| 10 | Bce | 19.04 Bn | 17.39 Bn | 3.38 Bn | 55.34% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 55.34% |
| Mar 31, 2026 | 55.99% |
| Dec 31, 2025 | 56.09% |
| Sep 30, 2025 | 59.92% |
| Jun 30, 2025 | 64.44% |
| Mar 31, 2025 | 65.20% |
| Dec 31, 2024 | 63.39% |
| Sep 30, 2024 | 61.77% |
| Jun 30, 2024 | 62.39% |
| Mar 31, 2024 | 62.65% |
| Dec 31, 2023 | 63.97% |
| Sep 30, 2023 | 64.62% |
| Jun 30, 2023 | 64.97% |
| Mar 31, 2023 | 66.87% |
| Dec 31, 2022 | 68.96% |
| Sep 30, 2022 | 68.79% |
| Jun 30, 2022 | 66.24% |
| Mar 31, 2022 | 66.65% |
| Dec 31, 2021 | 67.78% |
| Sep 30, 2021 | 66.53% |
API Access
Bce Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=BCE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "BCE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=BCE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();