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.

Compare

Total returnTCEHY vs WBD

growth of $100 · dividends reinvested · last 10y
TCEHY +147.5% (+9.5%/yr)WBD +7.5% (+0.7%/yr)TCEHY compounded faster over this window
0100200300400Start $10020182020202220242026$247$107
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

MetricTCEHYWBD
P/E ratio15.93N/A
P/S ratio4.722.04
P/B ratio3.182.24
EV / EBITDA12.1710.75
FCF yield4.81%2.97%

Profitability

MetricTCEHYWBD
Gross margin55.66%28.18%
Operating margin32.48%5.35%
Net margin29.83%-8.77%
ROE20.11%-9.64%
ROIC11.92%2.34%

Dividends

MetricTCEHYWBD
Dividend yield1.16%N/A
Payout ratio19.63%N/A

Growth (annualized)

MetricTCEHYWBD
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.

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.