BlackRock Floating Rate Income Trust (BGT) vs Taiwan Semiconductor Manufacturing Company Limited (TSM)
A side-by-side comparison of BlackRock Floating Rate Income Trust and Taiwan Semiconductor Manufacturing Company Limited 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; TSM is classified in Technology. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
BGT
BlackRock Floating Rate Income Trust
$10.99Financial ServicesDelayed quote: Sep 11, 2026, 4:00 PM EDT
TSM
Taiwan Semiconductor Manufacturing Company Limited
$433.24TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — BGT vs TSM
growth of $100 · dividends reinvested · last 10yBGT +89.5% (+6.6%/yr)TSM +1624.5% (+32.9%/yr)TSM compounded faster over this window
Log scale — wide-divergence pair
BGT TSM
BGT vs TSM: by the numbers
- •TSM is the larger company ($2.25T vs $328M market cap).
- •BGT converts more revenue to profit (73.11% vs 50.32% net margin).
- •TSM grew revenue faster over the past five years (22.50% vs 1.46% CAGR).
- •BGT pays the higher dividend yield (13.17% vs 0.82%).
Metrics side by side
Valuation
| Metric | BGT | TSM |
|---|---|---|
| P/E ratio | N/A | 31.37 |
| P/S ratio | N/A | 15.88 |
| P/B ratio | 0.99 | 11.14 |
| EV / EBITDA | N/A | 21.58 |
| FCF yield | N/A | 1.68% |
Profitability
| Metric | BGT | TSM |
|---|---|---|
| Gross margin | 84.12% | 64.17% |
| Operating margin | 90.60% | 55.97% |
| Net margin | 73.11% | 50.32% |
| ROE | 7.53% | 35.29% |
| ROIC | N/A | 27.56% |
Dividends
| Metric | BGT | TSM |
|---|---|---|
| Dividend yield | 13.17% | 0.82% |
| Payout ratio | N/A | 25.31% |
Growth (annualized)
| Metric | BGT | TSM |
|---|---|---|
| Revenue CAGR (5Y) | 1.46% | 22.50% |
| EPS CAGR (5Y) | 43.50% | 25.67% |
| FCF CAGR (5Y) | N/A | 33.46% |
| Total return CAGR (5Y) | 6.66% | 30.04% |
Frequently asked
- Which has grown faster, BGT or TSM?
- Over the past five years, TSM grew revenue faster — BGT at a 1.46% CAGR versus TSM at 22.50%.
- Does BGT or TSM pay a bigger dividend?
- BGT yields 13.17% and TSM yields 0.82% based on trailing dividends and the latest price.
- Is BGT or TSM more profitable?
- BGT runs the higher net margin — BGT at 73.11% versus TSM at 50.32%.
- How have BGT and TSM total returns compared?
- Over the past 10 years, BGT delivered 6.61% and TSM delivered 33.49% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Taiwan Semiconductor Manufacturing P/E ratioBlackRock Floating Rate Income dividend yieldTaiwan Semiconductor Manufacturing dividend yieldBlackRock Floating Rate Income ROETaiwan Semiconductor Manufacturing ROEBlackRock Floating Rate Income operating marginTaiwan Semiconductor Manufacturing operating marginBlackRock Floating Rate Income revenue growthTaiwan Semiconductor Manufacturing revenue growthTaiwan Semiconductor Manufacturing free cash flow
BlackRock Floating Rate Income & Taiwan Semiconductor Manufacturing 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 September 10, 2026.