BCE Inc (BCE) — Capital Reinvestment Ratio
Latest as of September 2025:
0.47x
BCE Inc (BCE) has a Capital Reinvestment Ratio of 0.47x as of September 2025, meaning it reinvests 0% of its operating cash flow (CA$1.91 Billion) in capital expenditures (CA$894.00 Million). Check BCE goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
0.47x
Capex / Operating Cash Flow
Operating Cash Flow
CA$1.91 Billion
CAD
Capital Expenditures
CA$894.00 Million
CAD
Data as of
Sep 2025
Most recent filing
BCE Inc Capital Reinvestment Ratio (1991–2024)
This chart tracks BCE Inc's Capital Reinvestment Ratio across 34 annual periods. For the full cash flow conversion analysis, see BCE cash flow metrics.
Annual Capital Reinvestment Ratio for BCE Inc (1991–2024)
Year-by-year Capital Reinvestment Ratio for BCE Inc from 1991 to 2024. See free cash flow generation of BCE Inc to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.63x | CA$6.99 Billion | CA$4.43 Billion | ▲ +5.7% |
| 2023 | 0.60x | CA$7.95 Billion | CA$4.76 Billion | ▼ -2.4% |
| 2022 | 0.61x | CA$8.37 Billion | CA$5.14 Billion | ▼ -28.9% |
| 2021 | 0.86x | CA$8.01 Billion | CA$6.92 Billion | ▲ +56.2% |
| 2020 | 0.55x | CA$7.75 Billion | CA$4.29 Billion | ▲ +10.4% |
| 2019 | 0.50x | CA$7.96 Billion | CA$3.99 Billion | ▼ -8.1% |
| 2018 | 0.55x | CA$7.38 Billion | CA$4.03 Billion | ▼ -0.5% |
| 2017 | 0.55x | CA$7.36 Billion | CA$4.03 Billion | ▼ -3.4% |
| 2016 | 0.57x | CA$6.64 Billion | CA$3.77 Billion | ▼ -14.4% |
| 2015 | 0.66x | CA$6.27 Billion | CA$4.16 Billion | ▼ -3.4% |
| 2014 | 0.69x | CA$6.24 Billion | CA$4.28 Billion | ▲ +24.5% |
| 2013 | 0.55x | CA$6.48 Billion | CA$3.57 Billion | ▼ -12.9% |
| 2012 | 0.63x | CA$5.55 Billion | CA$3.52 Billion | ▼ -5.3% |
| 2011 | 0.67x | CA$4.87 Billion | CA$3.26 Billion | ▲ +6.8% |
| 2010 | 0.63x | CA$4.72 Billion | CA$2.96 Billion | ▲ +7.0% |
| 2009 | 0.59x | CA$4.88 Billion | CA$2.85 Billion | ▲ +15.4% |
| 2008 | 0.51x | CA$5.89 Billion | CA$2.99 Billion | ▼ -8.1% |
| 2007 | 0.55x | CA$5.71 Billion | CA$3.15 Billion | ▼ -6.3% |
| 2006 | 0.59x | CA$5.31 Billion | CA$3.13 Billion | ▼ -4.2% |
| 2005 | 0.62x | CA$5.57 Billion | CA$3.43 Billion | ▲ +4.4% |
| 2004 | 0.59x | CA$5.71 Billion | CA$3.36 Billion | ▲ +18.2% |
| 2003 | 0.50x | CA$6.38 Billion | CA$3.18 Billion | ▼ -52.5% |
| 2002 | 1.05x | CA$3.59 Billion | CA$3.77 Billion | ▼ -26.0% |
| 2001 | 1.42x | CA$5.22 Billion | CA$7.40 Billion | ▼ -30.9% |
| 2000 | 2.05x | CA$2.35 Billion | CA$4.83 Billion | ▲ +48.6% |
| 1999 | 1.38x | CA$2.60 Billion | CA$3.59 Billion | ▲ +38.0% |
| 1998 | 1.00x | CA$3.77 Billion | CA$3.77 Billion | ▲ +28.7% |
| 1997 | 0.78x | CA$4.39 Billion | CA$3.41 Billion | ▲ +7.0% |
| 1996 | 0.73x | CA$4.31 Billion | CA$3.13 Billion | ▼ -38.7% |
| 1995 | 1.18x | CA$2.37 Billion | CA$2.80 Billion | ▲ +78.3% |
| 1994 | 0.66x | CA$4.23 Billion | CA$2.81 Billion | ▼ -53.2% |
| 1993 | 1.42x | CA$2.26 Billion | CA$3.21 Billion | ▲ +55.3% |
| 1992 | 0.92x | CA$4.06 Billion | CA$3.72 Billion | ▲ +38.1% |
| 1991 | 0.66x | CA$4.93 Billion | CA$3.27 Billion | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow