BlackRock Multi-Sector Income Trust (BIT) vs Natural Resource Partners L.P. (NRP)
A side-by-side comparison of BlackRock Multi-Sector Income Trust and Natural Resource Partners L.P. 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: BIT is classified in Financial Services; NRP is classified in Energy. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
BIT
BlackRock Multi-Sector Income Trust
$11.72Financial ServicesDelayed quote: Sep 11, 2026, 4:00 PM EDT
NRP
Natural Resource Partners L.P.
$111.10EnergyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — BIT vs NRP
growth of $100 · dividends reinvested · last 10yBIT +82.7% (+6.2%/yr)NRP +863.1% (+25.4%/yr)NRP compounded faster over this window
Log scale — wide-divergence pair
BIT NRP
BIT vs NRP: by the numbers
- •NRP is the larger company ($1.47B vs $669M market cap).
- •BIT converts more revenue to profit (87.98% vs 54.00% net margin).
- •NRP grew revenue faster over the past five years (7.90% vs -4.25% CAGR).
- •BIT pays the higher dividend yield (12.61% vs 2.83%).
Metrics side by side
Valuation
| Metric | BIT | NRP |
|---|---|---|
| P/E ratio | N/A | 14.17 |
| Forward P/E | N/A | 24.94 |
| P/S ratio | N/A | 7.60 |
| P/B ratio | 0.88 | 2.26 |
| EV / EBITDA | N/A | 9.99 |
| FCF yield | N/A | 10.86% |
Profitability
| Metric | BIT | NRP |
|---|---|---|
| Gross margin | 87.06% | 81.55% |
| Operating margin | 108.91% | 62.58% |
| Net margin | 87.98% | 54.00% |
| ROE | 6.96% | 16.09% |
| ROIC | N/A | 16.32% |
Dividends
| Metric | BIT | NRP |
|---|---|---|
| Dividend yield | 12.61% | 2.83% |
| Payout ratio | N/A | 39.80% |
Growth (annualized)
| Metric | BIT | NRP |
|---|---|---|
| Revenue CAGR (5Y) | -4.25% | 7.90% |
| EPS CAGR (5Y) | -10.31% | N/A |
| FCF CAGR (5Y) | N/A | 16.63% |
| Total return CAGR (5Y) | 0.60% | 47.46% |
Frequently asked
- Which has grown faster, BIT or NRP?
- Over the past five years, NRP grew revenue faster — BIT at a -4.25% CAGR versus NRP at 7.90%.
- Does BIT or NRP pay a bigger dividend?
- BIT yields 12.61% and NRP yields 2.83% based on trailing dividends and the latest price.
- Is BIT or NRP more profitable?
- BIT runs the higher net margin — BIT at 87.98% versus NRP at 54.00%.
- How have BIT and NRP total returns compared?
- Over the past 10 years, BIT delivered 6.04% and NRP delivered 23.50% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Natural Resource Partners L.P. P/E ratioBlackRock Multi-Sector Income dividend yieldNatural Resource Partners L.P. dividend yieldBlackRock Multi-Sector Income ROENatural Resource Partners L.P. ROEBlackRock Multi-Sector Income operating marginNatural Resource Partners L.P. operating marginBlackRock Multi-Sector Income revenue growthNatural Resource Partners L.P. revenue growthNatural Resource Partners L.P. free cash flow
BlackRock Multi-Sector Income & Natural Resource Partners 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 September 10, 2026.