BlackRock Floating Rate Income Trust (BGT) vs CubeSmart (CUBE)
A side-by-side comparison of BlackRock Floating Rate Income Trust and CubeSmart across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 1, 2026. Differences are shown without an overall score or investment verdict.
Different business models: BGT is classified in Financial Services; CUBE is classified in Real Estate. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
BGT
BlackRock Floating Rate Income Trust
$10.83Financial ServicesAt close: Jul 31, 2026, 4:00 PM ET
CUBE
CubeSmart
$41.46Real EstateAt close: Jul 31, 2026, 4:00 PM ET
Total return — BGT vs CUBE
growth of $100 · dividends reinvested · last 22yBGT +198.3%CUBE +499.0%CUBE compounded faster
BGT CUBE
BGT vs CUBE: by the numbers
- •CUBE is the larger company ($9.42B vs $323M market cap).
- •BGT trades at the lower trailing earnings multiple (9.94 vs 29.20 P/E), one valuation lens rather than an overall verdict.
- •BGT converts more revenue to profit (71.60% vs 28.93% net margin).
- •CUBE grew revenue faster over the past five years (9.95% vs 9.30% CAGR).
- •BGT pays the higher dividend yield (13.33% vs 5.09%).
Metrics side by side
Valuation
| Metric | BGT | CUBE |
|---|---|---|
| P/E ratio | 9.94 | 29.20 |
| Forward P/E | N/A | 28.10 |
| P/S ratio | 7.57 | 8.36 |
| P/B ratio | 0.82 | 3.57 |
| PEG ratio | 0.23 | 2.55 |
| EV / EBITDA | N/A | 18.25 |
| FCF yield | N/A | 6.46% |
Profitability
| Metric | BGT | CUBE |
|---|---|---|
| Gross margin | 84.12% | 22.74% |
| Operating margin | 87.84% | 39.51% |
| Net margin | 71.60% | 28.93% |
| ROE | 7.75% | 12.36% |
| ROIC | 4.57% | 7.28% |
Dividends
| Metric | BGT | CUBE |
|---|---|---|
| Dividend yield | 13.33% | 5.09% |
| Payout ratio | 197.72% | 144.52% |
Growth (annualized)
| Metric | BGT | CUBE |
|---|---|---|
| Revenue CAGR (5Y) | 9.30% | 9.95% |
| EPS CAGR (5Y) | 43.50% | 11.43% |
| FCF CAGR (5Y) | N/A | 10.66% |
| Total return CAGR (5Y) | 6.81% | 0.90% |
Frequently asked
- Which has the lower trailing P/E, BGT or CUBE?
- BGT has the lower trailing P/E: BGT trades at 9.94 and CUBE at 29.20. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, BGT or CUBE?
- Over the past five years, CUBE grew revenue faster — BGT at a 9.30% CAGR versus CUBE at 9.95%.
- Does BGT or CUBE pay a bigger dividend?
- BGT yields 13.33% and CUBE yields 5.09% based on trailing dividends and the latest price.
- Is BGT or CUBE more profitable?
- BGT runs the higher net margin — BGT at 71.60% versus CUBE at 28.93%.
- How have BGT and CUBE total returns compared?
- Over the past 10 years, BGT delivered 6.51% and CUBE delivered 7.89% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
BlackRock Floating Rate Income P/E ratioCubeSmart P/E ratioBlackRock Floating Rate Income dividend yieldCubeSmart dividend yieldBlackRock Floating Rate Income ROECubeSmart ROEBlackRock Floating Rate Income operating marginCubeSmart operating marginBlackRock Floating Rate Income revenue growthCubeSmart revenue growthBlackRock Floating Rate Income free cash flowCubeSmart free cash flow
BlackRock Floating Rate Income & CubeSmart appear in these rankings
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 1, 2026.