BlackRock Floating Rate Income Trust (BGT) vs Energy Transfer LP (ET)
A side-by-side comparison of BlackRock Floating Rate Income Trust and Energy Transfer LP 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; ET 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
ET
Energy Transfer LP
$20.36EnergyAt close: Jul 31, 2026, 4:00 PM ET
Total return — BGT vs ET
growth of $100 · dividends reinvested · last 20yBGT +198.5%ET +1327.2%ET compounded faster
BGT ET
BGT vs ET: by the numbers
- •ET is the larger company ($70.06B vs $323M market cap).
- •BGT trades at the lower trailing earnings multiple (9.94 vs 15.19 P/E), one valuation lens rather than an overall verdict.
- •BGT converts more revenue to profit (71.60% vs 5.41% net margin).
- •ET grew revenue faster over the past five years (15.06% vs 9.30% CAGR).
- •BGT pays the higher dividend yield (13.33% vs 6.56%).
Metrics side by side
Valuation
| Metric | BGT | ET |
|---|---|---|
| P/E ratio | 9.94 | 15.19 |
| Forward P/E | N/A | 13.71 |
| P/S ratio | 7.57 | 0.79 |
| P/B ratio | 0.82 | 2.04 |
| PEG ratio | 0.23 | 2.23 |
| EV / EBITDA | N/A | 9.09 |
| FCF yield | N/A | 5.19% |
Profitability
| Metric | BGT | ET |
|---|---|---|
| Gross margin | 84.12% | 22.91% |
| Operating margin | 87.84% | 11.11% |
| Net margin | 71.60% | 5.41% |
| ROE | 7.75% | 14.02% |
| ROIC | 4.57% | 7.17% |
Dividends
| Metric | BGT | ET |
|---|---|---|
| Dividend yield | 13.33% | 6.56% |
| Payout ratio | 197.72% | 98.16% |
Growth (annualized)
| Metric | BGT | ET |
|---|---|---|
| Revenue CAGR (5Y) | 9.30% | 15.06% |
| EPS CAGR (5Y) | 43.50% | 0.25% |
| FCF CAGR (5Y) | N/A | 11.51% |
| Total return CAGR (5Y) | 6.81% | 25.12% |
Frequently asked
- Which has the lower trailing P/E, BGT or ET?
- BGT has the lower trailing P/E: BGT trades at 9.94 and ET at 15.19. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, BGT or ET?
- Over the past five years, ET grew revenue faster — BGT at a 9.30% CAGR versus ET at 15.06%.
- Does BGT or ET pay a bigger dividend?
- BGT yields 13.33% and ET yields 6.56% based on trailing dividends and the latest price.
- Is BGT or ET more profitable?
- BGT runs the higher net margin — BGT at 71.60% versus ET at 5.41%.
- How have BGT and ET total returns compared?
- Over the past 10 years, BGT delivered 6.51% and ET delivered 10.89% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
BlackRock Floating Rate Income P/E ratioEnergy Transfer LP P/E ratioBlackRock Floating Rate Income dividend yieldEnergy Transfer LP dividend yieldBlackRock Floating Rate Income ROEEnergy Transfer LP ROEBlackRock Floating Rate Income operating marginEnergy Transfer LP operating marginBlackRock Floating Rate Income revenue growthEnergy Transfer LP revenue growthBlackRock Floating Rate Income free cash flowEnergy Transfer LP free cash flow
BlackRock Floating Rate Income & Energy Transfer LP 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.