BlackRock Multi-Sector Income Trust (BIT) vs Texas Pacific Land Corporation (TPL)

A side-by-side comparison of BlackRock Multi-Sector 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.

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

Total returnBIT vs TPL

growth of $100 · dividends reinvested · last 10y
BIT +81.6% (+6.1%/yr)TPL +2462.6% (+38.3%/yr)TPL compounded faster over this window
Log scale — wide-divergence pair
101001k10kStart $10020182020202220242026$182$2,563
BIT TPL

BIT vs TPL: by the numbers

  • TPL is the larger company ($25.46B vs $669M market cap).
  • BIT converts more revenue to profit (87.98% vs 60.32% net margin).
  • TPL grew revenue faster over the past five years (22.25% vs -4.25% CAGR).
  • BIT pays the higher dividend yield (12.61% vs 0.62%).

Metrics side by side

Valuation

MetricBITTPL
P/E ratioN/A47.08
Forward P/EN/A41.94
P/S ratioN/A28.36
P/B ratio0.8815.22
EV / EBITDAN/A34.09
FCF yieldN/A2.07%

Profitability

MetricBITTPL
Gross margin87.06%85.46%
Operating margin108.91%74.92%
Net margin87.98%60.32%
ROE6.96%32.37%
ROICN/A30.14%

Dividends

MetricBITTPL
Dividend yield12.61%0.62%
Payout ratioN/A29.76%

Growth (annualized)

MetricBITTPL
Revenue CAGR (5Y)-4.25%22.25%
EPS CAGR (5Y)-10.31%22.57%
FCF CAGR (5Y)N/A19.60%
Total return CAGR (5Y)0.60%24.32%

Frequently asked

Which has grown faster, BIT or TPL?
Over the past five years, TPL grew revenue faster — BIT at a -4.25% CAGR versus TPL at 22.25%.
Does BIT or TPL pay a bigger dividend?
BIT yields 12.61% and TPL yields 0.62% based on trailing dividends and the latest price.
Is BIT or TPL more profitable?
BIT runs the higher net margin — BIT at 87.98% versus TPL at 60.32%.
How have BIT and TPL total returns compared?
Over the past 10 years, BIT delivered 6.04% and TPL delivered 36.93% annualized total return. Past performance doesn't predict future results.

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.