Bce (BCE) Tax Rate (2009 - 2023)
Bce's (BCE) quarterly Tax Rate came in at 36.79% in Q2 2023, down 2330.0% YoY from 1.65% in Q2 2022, and down 172.61% on a QoQ basis from 13.5% in Q2 2022.
Bce (BCE) Tax Rate (2009 - 2023) Analysis & Trends
Bce (BCE) has 8 years of Tax Rate data on file, last reported at 36.79% in Q2 2023.
- Quarterly Tax Rate fell 2330.0% year-over-year to 36.79% in Q2 2023, while the trailing twelve-month figure through Jun 2023 was 27.88% (up 1138.0% YoY) and the FY2022 annual result came in at 31.11%, up 919.0% from the prior year.
- Tax Rate eased to 36.79% in Q2 2023, from 13.5% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 43.51% in Q2 2019 to a low of 36.79% in Q2 2023.
- A 4-year average of 0.85% and a median of 5.06% in 2020 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2020 — Tax Rate slumped 4013 bps — and 2023, when it slumped 2330 bps.
- Tracing BCE's Tax Rate over 4 years: stood at 43.51% in 2019, then tumbled by 92 bps to 3.39% in 2020, then plunged by 499 bps to 13.5% in 2022, then sank by 173 bps to 36.79% in 2023.
- The last three Tax Rate figures came in at 36.79% (Q2 2023), 13.5% (Q2 2022), and 3.39% (Q2 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.36 Bn | 203.61 Bn | 27.03 Bn | 25.12% |
| 2 | T-Mobile US | 196.43 Bn | 193.61 Bn | 17.74 Bn | 25.16% |
| 3 | Grupo Televisa, S.A.B | 190.22 Bn | 188.51 Bn | 318.12 Mn | -150.96% |
| 4 | At&T | 174.94 Bn | 157.37 Bn | 25.25 Bn | 13.47% |
| 5 | Chunghwa Telecom | 33.60 Bn | 31.03 Bn | 728.80 Mn | 19.26% |
| 6 | EchoStar | 25.24 Bn | 23.74 Bn | 1.65 Bn | 13.56% |
| 7 | Bce | 22.16 Bn | 22.16 Bn | - | - |
| 8 | Rogers Communications | 19.61 Bn | 18.36 Bn | 1.77 Bn | -28.63% |
| 9 | Telefonica Brasil | 18.11 Bn | 18.11 Bn | 1.32 Bn | -21.62% |
| 10 | Charter Communications | 17.77 Bn | 17.26 Bn | - | 23.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -5.79% |
| Dec 31, 2023 | -5.79% |
| Dec 31, 2023 | -5.79% |
| Sep 30, 2023 | -2.47% |
| Sep 30, 2023 | -2.47% |
| Sep 30, 2023 | -2.47% |
| Jun 30, 2023 | -36.79% |
| Jun 30, 2023 | -36.79% |
| Jun 30, 2023 | -36.79% |
| Jun 30, 2022 | -13.50% |
| Jun 30, 2022 | -13.50% |
| Jun 30, 2022 | -13.50% |
| Jun 30, 2020 | 3.39% |
| Jun 30, 2020 | 3.39% |
| Jun 30, 2020 | 3.39% |
| Jun 30, 2019 | 43.51% |
| Jun 30, 2019 | 43.51% |
| Jun 30, 2019 | 43.51% |
| Sep 30, 2012 | -26.40% |
| Sep 30, 2012 | -26.40% |