Which has grown faster, BGT or TPL?

Over the past five years, TPL grew revenue faster — BGT at a 1.46% CAGR versus TPL at 22.25%.

Does BGT or TPL pay a bigger dividend?

BGT yields 13.17% and TPL yields 0.62% based on trailing dividends and the latest price.

Is BGT or TPL more profitable?

BGT runs the higher net margin — BGT at 73.11% versus TPL at 60.32%.

How have BGT and TPL total returns compared?

Over the past 10 years, BGT delivered 6.61% and TPL delivered 36.93% annualized total return. Past performance doesn't predict future results.

BlackRock Floating Rate Income Trust (BGT) vs Texas Pacific Land Corporation (TPL)

A side-by-side comparison of BlackRock Floating Rate Income Trust and Texas Pacific Land Corporation 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.

Different business models: BGT is classified in Financial Services; TPL is classified in Energy. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

BGT

BlackRock Floating Rate Income Trust

$328M

$10.99Financial ServicesDelayed quote: Sep 11, 2026, 4:00 PM EDT

TPL

Texas Pacific Land Corporation

$25.46B

$369.10EnergyDelayed quote: Sep 11, 2026, 4:00 PM EDT

Total return — BGT vs TPL

growth of $100 · dividends reinvested · last 10y

BGT +91.3% (+6.7%/yr)TPL +1974.0% (+35.4%/yr)TPL compounded faster over this window

Log scale — wide-divergence pair

BGT TPL

BGT vs TPL: by the numbers

•TPL is the larger company ($25.46B vs $328M market cap).
•BGT converts more revenue to profit (73.11% vs 60.32% net margin).
•TPL grew revenue faster over the past five years (22.25% vs 1.46% CAGR).
•BGT pays the higher dividend yield (13.17% vs 0.62%).

Metrics side by side

Valuation

Metric	BGT	TPL
P/E ratio	N/A	47.08
Forward P/E	N/A	41.94
P/S ratio	N/A	28.36
P/B ratio	0.99	15.22
EV / EBITDA	N/A	34.09
FCF yield	N/A	2.07%

Profitability

Metric	BGT	TPL
Gross margin	84.12%	85.46%
Operating margin	90.60%	74.92%
Net margin	73.11%	60.32%
ROE	7.53%	32.37%
ROIC	N/A	30.14%

Dividends

Metric	BGT	TPL
Dividend yield	13.17%	0.62%
Payout ratio	N/A	29.76%

Growth (annualized)

Metric	BGT	TPL
Revenue CAGR (5Y)	1.46%	22.25%
EPS CAGR (5Y)	43.50%	22.57%
FCF CAGR (5Y)	N/A	19.60%
Total return CAGR (5Y)	6.66%	24.32%

Frequently asked

Which has grown faster, BGT or TPL?: Over the past five years, TPL grew revenue faster — BGT at a 1.46% CAGR versus TPL at 22.25%.
Does BGT or TPL pay a bigger dividend?: BGT yields 13.17% and TPL yields 0.62% based on trailing dividends and the latest price.
Is BGT or TPL more profitable?: BGT runs the higher net margin — BGT at 73.11% versus TPL at 60.32%.
How have BGT and TPL total returns compared?: Over the past 10 years, BGT delivered 6.61% and TPL delivered 36.93% annualized total return. Past performance doesn't predict future results.

Go deeper

Full BGT analysis Full TPL analysis Interactive comparison tool

Dig into the metrics

Texas Pacific L P/E ratio BlackRock Floating Rate Income dividend yield Texas Pacific L dividend yield BlackRock Floating Rate Income ROE Texas Pacific L ROE BlackRock Floating Rate Income operating margin Texas Pacific L operating margin BlackRock Floating Rate Income revenue growth Texas Pacific L revenue growth Texas Pacific L free cash flow

BlackRock Floating Rate Income & Texas Pacific L appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest ROE Stocks Highest ROIC Stocks

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.