BlackRock Floating Rate Income Trust (BGT) vs Dorchester Minerals, L.P. (DMLP)
A side-by-side comparison of BlackRock Floating Rate Income Trust and Dorchester Minerals, L.P. 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; DMLP is classified in Energy. 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
DMLP
Dorchester Minerals, L.P.
$27.61EnergyAt close: Jul 31, 2026, 4:00 PM ET
Total return — BGT vs DMLP
growth of $100 · dividends reinvested · last 22yBGT +191.9%DMLP +901.3%DMLP compounded faster
BGT DMLP
BGT vs DMLP: by the numbers
- •DMLP is the larger company ($1.33B vs $323M market cap).
- •BGT trades at the lower trailing earnings multiple (9.94 vs 19.17 P/E), one valuation lens rather than an overall verdict.
- •BGT converts more revenue to profit (71.60% vs 40.85% net margin).
- •DMLP grew revenue faster over the past five years (27.91% vs 9.30% CAGR).
- •BGT pays the higher dividend yield (13.33% vs 9.20%).
Metrics side by side
Valuation
| Metric | BGT | DMLP |
|---|---|---|
| P/E ratio | 9.94 | 19.17 |
| P/S ratio | 7.57 | 7.91 |
| P/B ratio | 0.82 | 4.41 |
| PEG ratio | 0.23 | 1.32 |
| EV / EBITDA | N/A | 8.35 |
| FCF yield | N/A | 9.23% |
Profitability
| Metric | BGT | DMLP |
|---|---|---|
| Gross margin | 84.12% | 46.24% |
| Operating margin | 87.84% | 37.53% |
| Net margin | 71.60% | 40.85% |
| ROE | 7.75% | 22.81% |
| ROIC | 4.57% | 18.74% |
Dividends
| Metric | BGT | DMLP |
|---|---|---|
| Dividend yield | 13.33% | 9.20% |
| Payout ratio | 197.72% | 211.74% |
Growth (annualized)
| Metric | BGT | DMLP |
|---|---|---|
| Revenue CAGR (5Y) | 9.30% | 27.91% |
| EPS CAGR (5Y) | 43.50% | 14.49% |
| FCF CAGR (5Y) | N/A | 30.85% |
| Total return CAGR (5Y) | 6.81% | 23.01% |
Frequently asked
- Which has the lower trailing P/E, BGT or DMLP?
- BGT has the lower trailing P/E: BGT trades at 9.94 and DMLP at 19.17. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, BGT or DMLP?
- Over the past five years, DMLP grew revenue faster — BGT at a 9.30% CAGR versus DMLP at 27.91%.
- Does BGT or DMLP pay a bigger dividend?
- BGT yields 13.33% and DMLP yields 9.20% based on trailing dividends and the latest price.
- Is BGT or DMLP more profitable?
- BGT runs the higher net margin — BGT at 71.60% versus DMLP at 40.85%.
- How have BGT and DMLP total returns compared?
- Over the past 10 years, BGT delivered 6.51% and DMLP delivered 17.59% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
BlackRock Floating Rate Income P/E ratioDorchester Minerals, L.P. P/E ratioBlackRock Floating Rate Income dividend yieldDorchester Minerals, L.P. dividend yieldBlackRock Floating Rate Income ROEDorchester Minerals, L.P. ROEBlackRock Floating Rate Income operating marginDorchester Minerals, L.P. operating marginBlackRock Floating Rate Income revenue growthDorchester Minerals, L.P. revenue growthBlackRock Floating Rate Income free cash flowDorchester Minerals, L.P. free cash flow
BlackRock Floating Rate Income & Dorchester Minerals, L.P. 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.