Netflix, Inc. (NFLX) vs Taiwan Semiconductor Manufacturing Company Limited (TSM)
A side-by-side comparison of Netflix, Inc. and Taiwan Semiconductor Manufacturing Company 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: NFLX is classified in Communication Services; TSM is classified in Technology. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
NFLX
Netflix, Inc.
$77.40Communication ServicesDelayed quote: Sep 11, 2026, 4:00 PM EDT
TSM
Taiwan Semiconductor Manufacturing Company Limited
$433.24TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — NFLX vs TSM
growth of $100 · dividends reinvested · last 10yNFLX +663.9% (+22.5%/yr)TSM +1624.5% (+32.9%/yr)TSM compounded faster over this window
NFLX TSM
NFLX vs TSM: by the numbers
- •TSM is the larger company ($2.25T vs $322.29B market cap).
- •NFLX trades at the lower trailing earnings multiple (24.34 vs 31.37 P/E), one valuation lens rather than an overall verdict.
- •TSM converts more revenue to profit (50.32% vs 28.22% net margin).
- •TSM grew revenue faster over the past five years (22.50% vs 11.89% CAGR).
- •TSM pays a dividend (0.82% yield), while NFLX has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | NFLX | TSM |
|---|---|---|
| P/E ratio | 24.34 | 31.37 |
| Forward P/E | 21.51 | N/A |
| P/S ratio | 6.66 | 15.88 |
| P/B ratio | 10.69 | 11.14 |
| EV / EBITDA | 10.23 | 21.58 |
| FCF yield | 3.41% | 1.68% |
Profitability
| Metric | NFLX | TSM |
|---|---|---|
| Gross margin | 49.12% | 64.17% |
| Operating margin | 29.68% | 55.97% |
| Net margin | 28.22% | 50.32% |
| ROE | 45.27% | 35.29% |
| ROIC | 24.34% | 27.56% |
Dividends
| Metric | NFLX | TSM |
|---|---|---|
| Dividend yield | N/A | 0.82% |
| Payout ratio | N/A | 25.31% |
Growth (annualized)
| Metric | NFLX | TSM |
|---|---|---|
| Revenue CAGR (5Y) | 11.89% | 22.50% |
| EPS CAGR (5Y) | 32.58% | 25.67% |
| FCF CAGR (5Y) | 51.23% | 33.46% |
| Total return CAGR (5Y) | 4.89% | 30.04% |
Frequently asked
- Which has the lower trailing P/E, NFLX or TSM?
- NFLX has the lower trailing P/E: NFLX trades at 24.34 and TSM at 31.37. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, NFLX or TSM?
- Over the past five years, TSM grew revenue faster — NFLX at a 11.89% CAGR versus TSM at 22.50%.
- Does NFLX or TSM pay a bigger dividend?
- TSM pays a dividend (0.82% yield), while NFLX has no payments in the available dividend history.
- Is NFLX or TSM more profitable?
- TSM runs the higher net margin — NFLX at 28.22% versus TSM at 50.32%.
- How have NFLX and TSM total returns compared?
- Over the past 10 years, NFLX delivered 22.92% and TSM delivered 33.49% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Netflix P/E ratioTaiwan Semiconductor Manufacturing P/E ratioTaiwan Semiconductor Manufacturing dividend yieldNetflix ROETaiwan Semiconductor Manufacturing ROENetflix operating marginTaiwan Semiconductor Manufacturing operating marginNetflix revenue growthTaiwan Semiconductor Manufacturing revenue growthNetflix free cash flowTaiwan Semiconductor Manufacturing free cash flow
Netflix & 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 September 11, 2026.