Nuveen Churchill Direct Lending (NCDL) Asset Utilization Ratio (2023 - 2026)

Nuveen Churchill Direct Lending's Asset Utilization Ratio history runs 4 years deep, the most recent figure standing at 0.09 for Q1 2026.

• In Q1 2026, Asset Utilization Ratio fell 7.27% year-over-year to 0.09; the TTM figure through Mar 2026 stood at 0.09 (down 7.27% YoY), while the FY2025 annual figure was 0.09, down 15.16% from the prior year.
• Asset Utilization Ratio came in at 0.09 for Q1 2026 at Nuveen Churchill Direct Lending, down from 0.1 in the prior quarter.
• In the past five years, Asset Utilization Ratio ranged from a high of 0.1 in Q3 2025 to a low of 0.08 in Q1 2023.
• A 4-year average of 0.09 and a median of 0.1 in 2023 frame the typical range for Asset Utilization Ratio.
• Across the five-year window, Asset Utilization Ratio climbed 22.12% in 2024 and slipped 7.27% in 2026, its largest moves.
• Nuveen Churchill Direct Lending's Asset Utilization Ratio stood at 0.1 in 2023, then advanced by 0.01% to 0.1 in 2024, then retreated by 0.35% to 0.1 in 2025, then declined by 5.62% to 0.09 in 2026.
• According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.09, 0.1, and 0.1 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison