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.

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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.

Total returnTSM vs WMT

growth of $100 · dividends reinvested · last 10y
TSM +1668.7% (+33.3%/yr)WMT +420.4% (+17.9%/yr)TSM compounded faster over this window
05001k2k2kStart $10020182020202220242026$1,769$520
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

MetricTSMWMT
P/E ratio31.3738.68
Forward P/EN/A37.07
P/S ratio15.881.16
P/B ratio11.148.68
EV / EBITDA21.5819.31
FCF yield1.68%1.58%

Profitability

MetricTSMWMT
Gross margin64.17%25.23%
Operating margin55.97%4.39%
Net margin50.32%3.00%
ROE35.29%22.47%
ROIC27.56%12.89%

Dividends

MetricTSMWMT
Dividend yield0.82%0.92%
Payout ratio25.31%35.29%

Growth (annualized)

MetricTSMWMT
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.

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.