Nuveen Churchill Direct Lending (NCDL) Asset Utilization Ratio (2023 - 2026)
Nuveen Churchill Direct Lending (NCDL) posted Asset Utilization Ratio of 0.09 for Q1 2026, down 3.78% sequentially from 0.1 in Q4 2025, and down 6.11% YoY from 0.1 in Q1 2025.
Nuveen Churchill Direct Lending (NCDL) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
Nuveen Churchill Direct Lending has reported Asset Utilization Ratio for 4 years, with the latest figure at 0.09 in Q1 2026.
- Quarterly Asset Utilization Ratio fell 6.11% year-over-year to 0.09 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.09 (down 6.11% YoY) and the FY2025 annual result came in at 0.09, down 15.16% from the prior year.
- Asset Utilization Ratio slipped to 0.09 in Q1 2026 per NCDL's latest filing, from 0.1 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.1 in Q2 2025 and troughed at 0.08 in Q1 2023.
- A 4-year average of 0.1 and a median of 0.1 in 2023 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2024 and 2026: Asset Utilization Ratio rose 22.71% in 2024, then slipped 6.11% in 2026.
- Over 4 years, Asset Utilization Ratio stood at 0.1 in 2023, then gained by 4.06% to 0.1 in 2024, then decreased by 1.1% to 0.1 in 2025, then retreated by 3.78% 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 0.16 |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | 0.33 |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | - |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | 0.30 |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 0.07 |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | 0.04 |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 0.10 |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | 0.18 |
| 10 | Nuveen Churchill Direct Lending | 606.47 Mn | 565.71 Mn | - | 0.09 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.09 |
| Mar 31, 2026 | 0.09 |
| Dec 31, 2025 | 0.10 |
| Sep 30, 2025 | 0.10 |
| Jun 30, 2025 | 0.10 |
| Mar 31, 2025 | 0.10 |
| Dec 31, 2024 | 0.10 |
| Sep 30, 2024 | 0.10 |
| Jun 30, 2024 | 0.09 |
| Mar 31, 2024 | 0.10 |
| Dec 31, 2023 | 0.10 |
| Sep 30, 2023 | 0.10 |
| Jun 30, 2023 | 0.09 |
| Mar 31, 2023 | 0.08 |