BCE vs Verizon
Verizon is the larger business, with $138.19bn of revenue in fiscal 2025 against $17.52bn for BCE (7.9 times as much). Verizon grew faster (2.5% against -1.7%). BCE kept more of each dollar of sales as profit: a net margin of 26.6% against 12.4%. Verizon carries less debt relative to equity (150.0% against 151.6%).
| Latest fiscal year | BCEBCE, 2025 | VerizonVZ, 2025 |
|---|---|---|
| Revenue | $17.52bn | $138.19bn |
| Revenue growth | -1.7% | 2.5% |
| Net income | $4.66bn | $17.17bn |
| Operating margin | — | 21.2% |
| Net margin | 26.6% | 12.4% |
| Return on equity | 32.6% | 16.6% |
| Free cash flow | $2.36bn | $37.14bn |
| Cash | — | $19.05bn |
| Total debt | $25.46bn | $158.59bn |
| Debt to equity | 151.6% | 150.0% |
| Dividend per share | — | $2.73 |
| Dividend yield | — | 6.3% |
| Share buybacks | $155m | — |
| Employees | — | 89,900 |
| Market value | $19.09bn | $187.31bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | — | 79 (Strong) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 16 sales |