Which has grown faster, TCEHY or WBD?

Over the past five years, WBD grew revenue faster — TCEHY at a 7.40% CAGR versus WBD at 28.12%.

Does TCEHY or WBD pay a bigger dividend?

TCEHY pays a dividend (1.11% yield) while WBD does not currently pay one.

Is TCEHY or WBD more profitable?

TCEHY runs the higher net margin — TCEHY at 30.60% versus WBD at -4.67%.

Which has been the better investment, TCEHY or WBD?

Over the past 10-year, TCEHY delivered the higher annualized total return — TCEHY at 11.10% versus WBD at 0.20%. Past performance doesn't predict future results.

Tencent Holdings Limited (TCEHY) vs Warner Bros. Discovery, Inc. (WBD)

TCEHY leads on 9 of 13 compared metrics.

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 July 9, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

TCEHY

Tencent Holdings Limited

$537.88B

$59.69Communication Services

WBD

Warner Bros. Discovery, Inc.

$66.77B

$26.63Communication Services

Total return — TCEHY vs WBD

growth of $100 · last 18y

TCEHY +4131.3%WBD +267.8%TCEHY compounded faster

Log scale — wide-divergence pair

TCEHY WBD

TCEHY vs WBD: by the numbers

•TCEHY is the larger company ($537.88B vs $66.77B market cap).
•TCEHY is profitable (30.60% net margin) while WBD runs a net loss (-4.67%).
•WBD grew revenue faster over the past five years (28.12% vs 7.40% CAGR).
•TCEHY pays a dividend (1.11% yield) while WBD does not currently pay one.

Which is better, TCEHY or WBD?

Metric tally: TCEHY 9 · WBD 4

It depends on what you're optimizing for:

GrowthWBD(faster 5Y revenue CAGR)

QualityTCEHY(higher ROIC)

Metrics side by side

Valuation

Metric	TCEHY	WBD
P/E ratio	17.00	—
P/S ratio	5.16	1.75●
P/B ratio	3.43	2.00●
PEG ratio	1.50	—
EV / EBITDA	13.43	7.25●
FCF yield	4.64%●	3.54%

Profitability

Metric	TCEHY	WBD
Gross margin	55.36%●	28.18%
Operating margin	32.33%●	4.06%
Net margin	30.60%●	-4.67%
ROE	20.37%●	-5.33%
ROIC	11.71%●	0.68%

Dividends

Metric	TCEHY	WBD
Dividend yield	1.11%	—
Payout ratio	19.63%	—

Growth (annualized)

Metric	TCEHY	WBD
Revenue CAGR (5Y)	7.40%	28.12%●
EPS CAGR (5Y)	5.91%●	-30.75%
FCF CAGR (5Y)	2.70%●	0.21%
Total return CAGR (5Y)	-0.60%●	-1.90%

Frequently asked

Which is better, TCEHY or WBD?: It depends on your goal. growth: WBD (faster 5Y revenue CAGR); quality: TCEHY (higher ROIC). Across all compared metrics, TCEHY leads 9 to 4.
Which has grown faster, TCEHY or WBD?: Over the past five years, WBD grew revenue faster — TCEHY at a 7.40% CAGR versus WBD at 28.12%.
Does TCEHY or WBD pay a bigger dividend?: TCEHY pays a dividend (1.11% yield) while WBD does not currently pay one.
Is TCEHY or WBD more profitable?: TCEHY runs the higher net margin — TCEHY at 30.60% versus WBD at -4.67%.
Which has been the better investment, TCEHY or WBD?: Over the past 10-year, TCEHY delivered the higher annualized total return — TCEHY at 11.10% versus WBD at 0.20%. Past performance doesn't predict future results.

Go deeper

Full TCEHY analysis Full WBD analysis Interactive comparison tool

Dig into the metrics

Tencent P/E ratio Warner Bros. Discovery P/E ratio Tencent dividend yield Warner Bros. Discovery dividend yield Tencent ROE Warner Bros. Discovery ROE Tencent operating margin Warner Bros. Discovery operating margin Tencent revenue growth Warner Bros. Discovery revenue growth Tencent free cash flow Warner Bros. Discovery free cash flow

Tencent & Warner Bros. Discovery appear in these rankings

Fastest Revenue Growth Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks Largest Companies by Market Cap

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 July 9, 2026.