Alphabet Inc. (GOOG) vs Tencent Holdings Limited (TCEHY)

A side-by-side comparison of Alphabet Inc. 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.

Compare

Total returnGOOG vs TCEHY

growth of $100 · dividends reinvested · last 10y
GOOG +786.6% (+24.4%/yr)TCEHY +121.6% (+8.3%/yr)GOOG compounded faster over this window
2004006008001kStart $10020182020202220242026$887$222
GOOG TCEHY

GOOG vs TCEHY: by the numbers

  • GOOG is the larger company ($4.07T vs $491.57B market cap).
  • TCEHY trades at the lower trailing earnings multiple (14.97 vs 16.85 P/E), one valuation lens rather than an overall verdict.
  • GOOG converts more revenue to profit (54.77% vs 29.83% net margin).
  • GOOG grew revenue faster over the past five years (15.15% vs 6.83% CAGR).
  • TCEHY pays the higher dividend yield (1.23% vs 0.26%).

Metrics side by side

Valuation

MetricGOOGTCEHY
P/E ratio16.8514.97
Forward P/E16.31N/A
P/S ratio9.134.36
P/B ratio6.362.94
EV / EBITDA23.8811.31
FCF yield1.31%5.21%

Profitability

MetricGOOGTCEHY
Gross margin60.90%55.66%
Operating margin33.11%32.48%
Net margin54.77%29.83%
ROE38.13%20.11%
ROIC15.14%11.92%

Dividends

MetricGOOGTCEHY
Dividend yield0.26%1.23%
Payout ratio4.27%18.51%

Growth (annualized)

MetricGOOGTCEHY
Revenue CAGR (5Y)15.15%6.83%
EPS CAGR (5Y)29.81%5.91%
FCF CAGR (5Y)11.33%2.93%
Total return CAGR (5Y)18.64%-0.93%

Frequently asked

Which has the lower trailing P/E, GOOG or TCEHY?
TCEHY has the lower trailing P/E: GOOG trades at 16.85 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, GOOG or TCEHY?
Over the past five years, GOOG grew revenue faster — GOOG at a 15.15% CAGR versus TCEHY at 6.83%.
Does GOOG or TCEHY pay a bigger dividend?
GOOG yields 0.26% and TCEHY yields 1.23% based on trailing dividends and the latest price.
Is GOOG or TCEHY more profitable?
GOOG runs the higher net margin — GOOG at 54.77% versus TCEHY at 29.83%.
How have GOOG and TCEHY total returns compared?
Over the past 10 years, GOOG delivered 24.26% and TCEHY delivered 8.51% 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 September 11, 2026.