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 September 10, 2026. Differences are shown without an overall score or investment verdict.
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.
AMZN
Amazon.com, Inc.
$256.78Consumer CyclicalDelayed quote: Sep 11, 2026, 4:00 PM EDT
TCEHY
Tencent Holdings Limited
$54.55Communication ServicesDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — AMZN vs TCEHY
growth of $100 · dividends reinvested · last 10yAMZN +582.7% (+21.2%/yr)TCEHY +121.6% (+8.3%/yr)AMZN compounded faster over this window
AMZN TCEHY
AMZN vs TCEHY: by the numbers
- •AMZN is the larger company ($2.76T vs $491.57B market cap).
- •TCEHY trades at the lower trailing earnings multiple (14.97 vs 20.66 P/E), one valuation lens rather than an overall verdict.
- •TCEHY converts more revenue to profit (29.83% vs 17.44% net margin).
- •AMZN grew revenue faster over the past five years (11.84% vs 6.83% CAGR).
- •TCEHY pays a dividend (1.23% yield), while AMZN has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | AMZN | TCEHY |
|---|---|---|
| P/E ratio | 20.66 | 14.97 |
| Forward P/E | 20.20 | N/A |
| P/S ratio | 3.56 | 4.36 |
| P/B ratio | 5.01 | 2.94 |
| EV / EBITDA | 17.21 | 11.31 |
| FCF yield | N/A | 5.21% |
Profitability
| Metric | AMZN | TCEHY |
|---|---|---|
| Gross margin | 50.77% | 55.66% |
| Operating margin | 12.08% | 32.48% |
| Net margin | 17.44% | 29.83% |
| ROE | 24.52% | 20.11% |
| ROIC | 8.48% | 11.92% |
Dividends
| Metric | AMZN | TCEHY |
|---|---|---|
| Dividend yield | N/A | 1.23% |
| Payout ratio | N/A | 18.51% |
Growth (annualized)
| Metric | AMZN | TCEHY |
|---|---|---|
| Revenue CAGR (5Y) | 11.84% | 6.83% |
| EPS CAGR (5Y) | 27.90% | 5.91% |
| FCF CAGR (5Y) | -21.57% | 2.93% |
| Total return CAGR (5Y) | 7.75% | -0.93% |
Frequently asked
- Which has the lower trailing P/E, AMZN or TCEHY?
- TCEHY has the lower trailing P/E: AMZN trades at 20.66 and TCEHY at 14.97. 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 11.84% CAGR versus TCEHY at 6.83%.
- Does AMZN or TCEHY pay a bigger dividend?
- TCEHY pays a dividend (1.23% 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 17.44% versus TCEHY at 29.83%.
- How have AMZN and TCEHY total returns compared?
- Over the past 10 years, AMZN delivered 20.81% and TCEHY delivered 8.51% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Amazon.com P/E ratioTencent P/E ratioTencent dividend yieldAmazon.com ROETencent ROEAmazon.com operating marginTencent operating marginAmazon.com revenue growthTencent revenue growthAmazon.com free cash flowTencent free cash flow
Amazon.com & Tencent appear in these rankings
Highest Operating Margin StocksHighest FCF Yield StocksHighest 10-Year Total Return StocksLowest P/E Ratio Stocks
Related comparisons
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 September 10, 2026.