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Adjusted EBITDA Breakdown
Analyzes earnings before interest, taxes, depreciation, and amortization, adjusted for specific items, to assess operational profitability and cost management efficiency across different segments.Bell CTS is the durable EBITDA driver—steady, mildly upward trending and the main buffer against swings—while Bell Media is small but highly cyclical, amplifying quarter-to-quarter volatility via ad-season swings. The late‑2025 CTS uplift is a positive inflection, but the subsequent pullback means investors should watch for sustained CTS momentum; meaningful earnings stability will depend more on CTS holding gains and Media margin/control than on occasional advertising recoveries.
Date | Bell CTS | Bell Media |
|---|---|---|
Jun 30, 2026 | C$2.36B | C$244.00M |
Mar 31, 2026 | C$2.48B | C$155.00M |
Dec 31, 2025 | C$2.51B | C$151.00M |
Sep 30, 2025 | C$2.52B | C$237.00M |
Jun 30, 2025 | C$2.44B | C$235.00M |
Mar 31, 2025 | C$2.40B | C$159.00M |
Dec 31, 2024 | C$2.44B | C$169.00M |
Sep 30, 2024 | C$2.47B | C$254.00M |
Jun 30, 2024 | C$2.48B | C$218.00M |
Mar 31, 2024 | C$2.45B | C$117.00M |