Amazon.com, Inc. (AMZN) vs Tencent Holdings Limited (TCEHY)

A side-by-side comparison of Amazon.com, Inc. and Tencent Holdings Limited across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

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Different business models: AMZN is classified in Consumer Cyclical; TCEHY is classified in Communication Services. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnAMZN vs TCEHY

growth of $100 · dividends reinvested · last 18y
AMZN +9344.5%TCEHY +4332.9%AMZN compounded faster
05k10kStart $100201120142017202020232026$9,444$4,433
AMZN TCEHY

AMZN vs TCEHY: by the numbers

  • AMZN is the larger company ($2.48T vs $520.41B market cap).
  • TCEHY trades at the lower trailing earnings multiple (15.95 vs 27.68 P/E), one valuation lens rather than an overall verdict.
  • TCEHY converts more revenue to profit (30.60% vs 12.22% net margin).
  • AMZN grew revenue faster over the past five years (12.13% vs 7.40% CAGR).
  • TCEHY pays a dividend (1.18% yield), while AMZN has no payments in the available dividend history.

Metrics side by side

Valuation

MetricAMZNTCEHY
P/E ratio27.6815.95
Forward P/E26.18N/A
P/S ratio3.394.84
P/B ratio5.693.22
PEG ratio1.101.50
EV / EBITDA16.8412.64
FCF yieldN/A6.12%

Profitability

MetricAMZNTCEHY
Gross margin50.60%55.36%
Operating margin11.50%32.33%
Net margin12.22%30.60%
ROE20.55%20.37%
ROIC10.70%11.71%

Dividends

MetricAMZNTCEHY
Dividend yieldN/A1.18%
Payout ratioN/A19.63%

Growth (annualized)

MetricAMZNTCEHY
Revenue CAGR (5Y)12.13%7.40%
EPS CAGR (5Y)27.90%5.91%
FCF CAGR (5Y)-21.57%6.82%
Total return CAGR (5Y)5.00%0.92%

Frequently asked

Which has the lower trailing P/E, AMZN or TCEHY?
TCEHY has the lower trailing P/E: AMZN trades at 27.68 and TCEHY at 15.95. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AMZN or TCEHY?
Over the past five years, AMZN grew revenue faster — AMZN at a 12.13% CAGR versus TCEHY at 7.40%.
Does AMZN or TCEHY pay a bigger dividend?
TCEHY pays a dividend (1.18% yield), while AMZN has no payments in the available dividend history.
Is AMZN or TCEHY more profitable?
TCEHY runs the higher net margin — AMZN at 12.22% versus TCEHY at 30.60%.
How have AMZN and TCEHY total returns compared?
Over the past 10 years, AMZN delivered 20.18% and TCEHY delivered 9.92% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 28, 2026.