Costco Wholesale Corporation (COST) vs Tencent Holdings Limited (TCEHY)
A side-by-side comparison of Costco Wholesale Corporation and Tencent Holdings Limited across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 11, 2026. Differences are shown without an overall score or investment verdict.
Different business models: COST is classified in Consumer Defensive; TCEHY is classified in Communication Services. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
COST
Costco Wholesale Corporation
$904.77Consumer DefensiveDelayed 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 — COST vs TCEHY
growth of $100 · dividends reinvested · last 10yCOST +537.6% (+20.4%/yr)TCEHY +121.6% (+8.3%/yr)COST compounded faster over this window
COST TCEHY
COST vs TCEHY: by the numbers
- •TCEHY is the larger company ($491.57B vs $401.25B market cap).
- •TCEHY trades at the lower trailing earnings multiple (14.97 vs 45.51 P/E), one valuation lens rather than an overall verdict.
- •TCEHY converts more revenue to profit (29.83% vs 3.01% net margin).
- •COST grew revenue faster over the past five years (9.48% vs 6.83% CAGR).
- •TCEHY pays the higher dividend yield (1.23% vs 0.61%).
Metrics side by side
Valuation
| Metric | COST | TCEHY |
|---|---|---|
| P/E ratio | 45.51 | 14.97 |
| Forward P/E | 39.92 | N/A |
| P/S ratio | 1.37 | 4.36 |
| P/B ratio | 11.97 | 2.94 |
| EV / EBITDA | 28.32 | 11.31 |
| FCF yield | 2.19% | 5.21% |
Profitability
| Metric | COST | TCEHY |
|---|---|---|
| Gross margin | 12.88% | 55.66% |
| Operating margin | 3.82% | 32.48% |
| Net margin | 3.01% | 29.83% |
| ROE | 26.38% | 20.11% |
| ROIC | 19.01% | 11.92% |
Dividends
| Metric | COST | TCEHY |
|---|---|---|
| Dividend yield | 0.61% | 1.23% |
| Payout ratio | 27.87% | 18.51% |
Growth (annualized)
| Metric | COST | TCEHY |
|---|---|---|
| Revenue CAGR (5Y) | 9.48% | 6.83% |
| EPS CAGR (5Y) | 15.04% | 5.91% |
| FCF CAGR (5Y) | 4.95% | 2.93% |
| Total return CAGR (5Y) | 14.89% | -0.93% |
Frequently asked
- Which has the lower trailing P/E, COST or TCEHY?
- TCEHY has the lower trailing P/E: COST trades at 45.51 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, COST or TCEHY?
- Over the past five years, COST grew revenue faster — COST at a 9.48% CAGR versus TCEHY at 6.83%.
- Does COST or TCEHY pay a bigger dividend?
- COST yields 0.61% and TCEHY yields 1.23% based on trailing dividends and the latest price.
- Is COST or TCEHY more profitable?
- TCEHY runs the higher net margin — COST at 3.01% versus TCEHY at 29.83%.
- How have COST and TCEHY total returns compared?
- Over the past 10 years, COST delivered 20.56% and TCEHY delivered 8.51% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Costco Wholesale P/E ratioTencent P/E ratioCostco Wholesale dividend yieldTencent dividend yieldCostco Wholesale ROETencent ROECostco Wholesale operating marginTencent operating marginCostco Wholesale revenue growthTencent revenue growthCostco Wholesale free cash flowTencent free cash flow
Costco Wholesale & Tencent appear in these rankings
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 11, 2026.