Alphabet Inc. (GOOGL) 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 10, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnGOOGL vs TCEHY

growth of $100 · dividends reinvested · last 10y
GOOGL +762.8% (+24.0%/yr)TCEHY +121.6% (+8.3%/yr)GOOGL compounded faster over this window
2004006008001kStart $10020182020202220242026$863$222
GOOGL TCEHY

GOOGL vs TCEHY: by the numbers

  • GOOGL is the larger company ($4.10T vs $491.57B market cap).
  • TCEHY trades at the lower trailing earnings multiple (14.97 vs 17.00 P/E), one valuation lens rather than an overall verdict.
  • GOOGL converts more revenue to profit (54.77% vs 29.83% net margin).
  • GOOGL 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

MetricGOOGLTCEHY
P/E ratio17.0014.97
Forward P/E16.46N/A
P/S ratio9.194.36
P/B ratio6.402.94
EV / EBITDA24.0311.31
FCF yield1.30%5.21%

Profitability

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

Dividends

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

Growth (annualized)

MetricGOOGLTCEHY
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)18.97%-0.93%

Frequently asked

Which has the lower trailing P/E, GOOGL or TCEHY?
TCEHY has the lower trailing P/E: GOOGL trades at 17.00 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, GOOGL or TCEHY?
Over the past five years, GOOGL grew revenue faster — GOOGL at a 15.15% CAGR versus TCEHY at 6.83%.
Does GOOGL or TCEHY pay a bigger dividend?
GOOGL yields 0.26% and TCEHY yields 1.23% based on trailing dividends and the latest price.
Is GOOGL or TCEHY more profitable?
GOOGL runs the higher net margin — GOOGL at 54.77% versus TCEHY at 29.83%.
How have GOOGL and TCEHY total returns compared?
Over the past 10 years, GOOGL delivered 23.89% 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 10, 2026.