Taiwan Semiconductor Manufacturing Company Limited (TSM) vs Walmart Inc. (WMT)

TSM leads on 14 of 16 compared metrics.

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 June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — TSM vs WMT

growth of $100 · last 29y
TSM +7621.9%WMT +1920.7%TSM compounded faster
02k4k6k8kStart $10020022007201220172022$7,722$2,021
TSM WMT

TSM vs WMT: by the numbers

  • TSM is the larger company ($2.20T vs $963.25B market cap).
  • TSM trades at the lower earnings multiple (35.24 vs 42.47 P/E).
  • TSM converts more revenue to profit (46.90% vs 3.18% net margin).
  • TSM grew revenue faster over the past five years (22.49% vs 5.20% CAGR).
  • TSM pays the higher dividend yield (0.83% vs 0.80%).

Which is better, TSM or WMT?

Metric tally: TSM 14 · WMT 2

It depends on what you're optimizing for:

ValueTSM(lower P/E)
GrowthTSM(faster 5Y revenue CAGR)
IncomeTSM(higher dividend yield)
QualityTSM(higher ROIC)

Valuation

MetricTSMWMT
P/E ratio35.2442.47
Forward P/E36.88
P/S ratio16.451.33
P/B ratio11.9210.26
PEG ratio0.643.29
EV / EBITDA20.7823.28
FCF yield1.62%1.30%

Profitability

MetricTSMWMT
Gross margin61.78%24.98%
Operating margin53.15%4.16%
Net margin46.90%3.18%
ROE33.98%24.44%
ROIC25.10%11.87%

Dividends

MetricTSMWMT
Dividend yield0.83%0.80%
Payout ratio33.09%35.22%

Growth (annualized)

MetricTSMWMT
Revenue CAGR (5Y)22.49%5.20%
EPS CAGR (5Y)25.67%10.95%
FCF CAGR (5Y)30.09%-9.94%
Total return CAGR (5Y)30.87%22.41%

Frequently asked

Which is better, TSM or WMT?
It depends on your goal. value: TSM (lower P/E); growth: TSM (faster 5Y revenue CAGR); income: TSM (higher dividend yield); quality: TSM (higher ROIC). Across all compared metrics, TSM leads 14 to 2.
Is TSM or WMT cheaper?
On trailing earnings, TSM is cheaper: TSM trades at a 35.24 P/E and WMT at 42.47.
Which has grown faster, TSM or WMT?
Over the past five years, TSM grew revenue faster — TSM at a 22.49% CAGR versus WMT at 5.20%.
Does TSM or WMT pay a bigger dividend?
TSM yields 0.83% and WMT yields 0.80% based on trailing dividends and the latest price.
Is TSM or WMT more profitable?
TSM runs the higher net margin — TSM at 46.90% versus WMT at 3.18%.
Which has been the better investment, TSM or WMT?
Over the past 10-year, TSM delivered the higher annualized total return — TSM at 35.19% versus WMT at 19.73%. 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 June 13, 2026.