Tencent Holdings Limited (TCEHY) vs Warner Bros. Discovery, Inc. (WBD)
A side-by-side comparison of Tencent Holdings Limited and Warner Bros. Discovery, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 23, 2026. Differences are shown without an overall score or investment verdict.
TCEHY
Tencent Holdings Limited
$58.07Communication ServicesAt close: Aug 21, 2026, 4:00 PM ET
WBD
Warner Bros. Discovery, Inc.
$28.55Communication ServicesAt close: Aug 21, 2026, 4:00 PM ET
Total return — TCEHY vs WBD
growth of $100 · dividends reinvested · last 10yTCEHY +147.5% (+9.5%/yr)WBD +7.5% (+0.7%/yr)TCEHY compounded faster over this window
TCEHY WBD
TCEHY vs WBD: by the numbers
- •TCEHY is the larger company ($523.65B vs $71.58B market cap).
- •TCEHY is profitable (29.83% net margin) while WBD runs a net loss (-8.77%).
- •WBD grew revenue faster over the past five years (26.16% vs 6.83% CAGR).
- •TCEHY pays a dividend (1.16% yield), while WBD has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | TCEHY | WBD |
|---|---|---|
| P/E ratio | 15.93 | N/A |
| P/S ratio | 4.72 | 2.04 |
| P/B ratio | 3.18 | 2.24 |
| EV / EBITDA | 12.17 | 10.75 |
| FCF yield | 4.81% | 2.97% |
Profitability
| Metric | TCEHY | WBD |
|---|---|---|
| Gross margin | 55.66% | 28.18% |
| Operating margin | 32.48% | 5.35% |
| Net margin | 29.83% | -8.77% |
| ROE | 20.11% | -9.64% |
| ROIC | 11.92% | 2.34% |
Dividends
| Metric | TCEHY | WBD |
|---|---|---|
| Dividend yield | 1.16% | N/A |
| Payout ratio | 19.63% | N/A |
Growth (annualized)
| Metric | TCEHY | WBD |
|---|---|---|
| Revenue CAGR (5Y) | 6.83% | 26.16% |
| EPS CAGR (5Y) | 5.91% | -30.75% |
| FCF CAGR (5Y) | 2.93% | 0.15% |
| Total return CAGR (5Y) | 2.70% | 0.34% |
Frequently asked
- Which has grown faster, TCEHY or WBD?
- Over the past five years, WBD grew revenue faster — TCEHY at a 6.83% CAGR versus WBD at 26.16%.
- Does TCEHY or WBD pay a bigger dividend?
- TCEHY pays a dividend (1.16% yield), while WBD has no payments in the available dividend history.
- Is TCEHY or WBD more profitable?
- TCEHY runs the higher net margin — TCEHY at 29.83% versus WBD at -8.77%.
- How have TCEHY and WBD total returns compared?
- Over the past 10 years, TCEHY delivered 9.50% and WBD delivered 0.66% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Tencent P/E ratioTencent dividend yieldTencent ROEWarner Bros. Discovery ROETencent operating marginWarner Bros. Discovery operating marginTencent revenue growthWarner Bros. Discovery revenue growthTencent free cash flowWarner Bros. Discovery free cash flow
Tencent & Warner Bros. Discovery 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 August 23, 2026.