Taiwan Semiconductor Manufacturing Company Limited (TSM) vs Walmart Inc. (WMT)
A side-by-side comparison of Taiwan Semiconductor Manufacturing Company Limited and Walmart Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.
Different business models: TSM is classified in Technology; WMT is classified in Consumer Defensive. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
TSM
Taiwan Semiconductor Manufacturing Company Limited
$433.24TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
WMT
Walmart Inc.
$107.15Consumer DefensiveDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — TSM vs WMT
growth of $100 · dividends reinvested · last 10yTSM +1668.7% (+33.3%/yr)WMT +420.4% (+17.9%/yr)TSM compounded faster over this window
TSM WMT
TSM vs WMT: by the numbers
- •TSM is the larger company ($2.25T vs $852.71B market cap).
- •TSM trades at the lower trailing earnings multiple (31.37 vs 38.68 P/E), one valuation lens rather than an overall verdict.
- •TSM converts more revenue to profit (50.32% vs 3.00% net margin).
- •TSM grew revenue faster over the past five years (22.50% vs 5.38% CAGR).
- •WMT pays the higher dividend yield (0.92% vs 0.82%).
Metrics side by side
Valuation
| Metric | TSM | WMT |
|---|---|---|
| P/E ratio | 31.37 | 38.68 |
| Forward P/E | N/A | 37.07 |
| P/S ratio | 15.88 | 1.16 |
| P/B ratio | 11.14 | 8.68 |
| EV / EBITDA | 21.58 | 19.31 |
| FCF yield | 1.68% | 1.58% |
Profitability
| Metric | TSM | WMT |
|---|---|---|
| Gross margin | 64.17% | 25.23% |
| Operating margin | 55.97% | 4.39% |
| Net margin | 50.32% | 3.00% |
| ROE | 35.29% | 22.47% |
| ROIC | 27.56% | 12.89% |
Dividends
| Metric | TSM | WMT |
|---|---|---|
| Dividend yield | 0.82% | 0.92% |
| Payout ratio | 25.31% | 35.29% |
Growth (annualized)
| Metric | TSM | WMT |
|---|---|---|
| Revenue CAGR (5Y) | 22.50% | 5.38% |
| EPS CAGR (5Y) | 25.67% | 10.95% |
| FCF CAGR (5Y) | 33.46% | -5.40% |
| Total return CAGR (5Y) | 30.04% | 18.21% |
Frequently asked
- Which has the lower trailing P/E, TSM or WMT?
- TSM has the lower trailing P/E: TSM trades at 31.37 and WMT at 38.68. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, TSM or WMT?
- Over the past five years, TSM grew revenue faster — TSM at a 22.50% CAGR versus WMT at 5.38%.
- Does TSM or WMT pay a bigger dividend?
- TSM yields 0.82% and WMT yields 0.92% based on trailing dividends and the latest price.
- Is TSM or WMT more profitable?
- TSM runs the higher net margin — TSM at 50.32% versus WMT at 3.00%.
- How have TSM and WMT total returns compared?
- Over the past 10 years, TSM delivered 33.49% and WMT delivered 18.23% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Taiwan Semiconductor Manufacturing P/E ratioWalmart P/E ratioTaiwan Semiconductor Manufacturing dividend yieldWalmart dividend yieldTaiwan Semiconductor Manufacturing ROEWalmart ROETaiwan Semiconductor Manufacturing operating marginWalmart operating marginTaiwan Semiconductor Manufacturing revenue growthWalmart revenue growthTaiwan Semiconductor Manufacturing free cash flowWalmart free cash flow
Taiwan Semiconductor Manufacturing & Walmart appear in these rankings
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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 10, 2026.