Mastercard Incorporated (MA) vs Taiwan Semiconductor Manufacturing Company Limited (TSM)
TSM leads on 8 of 15 compared metrics, though MA is the cheaper stock.
A side-by-side comparison of Mastercard Incorporated and Taiwan Semiconductor Manufacturing Company Limited across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
MA
Mastercard Incorporated
$489.98Financial Services
TSM
Taiwan Semiconductor Manufacturing Company Limited
$423.93Technology
Total return — MA vs TSM
growth of $100 · last 20yMA +10551.7%TSM +4574.0%MA compounded faster
MA TSM
MA vs TSM: by the numbers
- •TSM is the larger company ($2.20T vs $432.94B market cap).
- •MA trades at the lower earnings multiple (28.36 vs 35.24 P/E).
- •TSM converts more revenue to profit (46.90% vs 45.88% net margin).
- •TSM grew revenue faster over the past five years (22.49% vs 17.05% CAGR).
- •TSM pays the higher dividend yield (0.83% vs 0.67%).
Which is better, MA or TSM?
Metric tally: MA 7 · TSM 8It depends on what you're optimizing for:
ValueMA(lower P/E)
GrowthTSM(faster 5Y revenue CAGR)
IncomeTSM(higher dividend yield)
QualityMA(higher ROIC)
Valuation
| Metric | MA | TSM |
|---|---|---|
| P/E ratio | 28.36● | 35.24 |
| Forward P/E | 21.48 | — |
| P/S ratio | 12.89● | 16.45 |
| P/B ratio | 65.09 | 11.92● |
| PEG ratio | 1.81 | 0.64● |
| EV / EBITDA | 21.13 | 20.78 |
| FCF yield | 4.05%● | 1.62% |
Profitability
| Metric | MA | TSM |
|---|---|---|
| Gross margin | 82.96%● | 61.78% |
| Operating margin | 59.40%● | 53.15% |
| Net margin | 45.88% | 46.90%● |
| ROE | 231.63%● | 33.98% |
| ROIC | 48.63%● | 25.10% |
Dividends
| Metric | MA | TSM |
|---|---|---|
| Dividend yield | 0.67% | 0.83%● |
| Payout ratio | 19.70% | 33.09% |
Growth (annualized)
| Metric | MA | TSM |
|---|---|---|
| Revenue CAGR (5Y) | 17.05% | 22.49%● |
| EPS CAGR (5Y) | 20.93% | 25.67%● |
| FCF CAGR (5Y) | 23.43% | 30.09%● |
| Total return CAGR (5Y) | 6.65% | 30.87%● |
Frequently asked
- Which is better, MA or TSM?
- It depends on your goal. value: MA (lower P/E); growth: TSM (faster 5Y revenue CAGR); income: TSM (higher dividend yield); quality: MA (higher ROIC). Across all compared metrics, TSM leads 8 to 7.
- Is MA or TSM cheaper?
- On trailing earnings, MA is cheaper: MA trades at a 28.36 P/E and TSM at 35.24.
- Which has grown faster, MA or TSM?
- Over the past five years, TSM grew revenue faster — MA at a 17.05% CAGR versus TSM at 22.49%.
- Does MA or TSM pay a bigger dividend?
- MA yields 0.67% and TSM yields 0.83% based on trailing dividends and the latest price.
- Is MA or TSM more profitable?
- TSM runs the higher net margin — MA at 45.88% versus TSM at 46.90%.
- Which has been the better investment, MA or TSM?
- Over the past 10-year, TSM delivered the higher annualized total return — MA at 18.49% versus TSM at 35.19%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Mastercard P/E ratioTaiwan Semiconductor Manufacturing P/E ratioMastercard dividend yieldTaiwan Semiconductor Manufacturing dividend yieldMastercard ROETaiwan Semiconductor Manufacturing ROEMastercard operating marginTaiwan Semiconductor Manufacturing operating marginMastercard revenue growthTaiwan Semiconductor Manufacturing revenue growthMastercard free cash flowTaiwan Semiconductor Manufacturing free cash flow
Mastercard & Taiwan Semiconductor Manufacturing 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 June 13, 2026.