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

Nuveen Churchill Direct Lending (NCDL) reported Asset Utilization Ratio of 0.09 for Q1 2026, down 6.11% on a YoY basis from 0.1 in Q1 2025, and down 3.78% sequentially from 0.1 in Q4 2025.

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

Nuveen Churchill Direct Lending (NCDL) has 4 years of Asset Utilization Ratio data on file, last reported at 0.09 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio fell 6.11% year-over-year to 0.09; the trailing twelve-month figure through Mar 2026 stood at 0.09 (down 6.11% YoY), and the FY2025 full-year result was 0.09, down 15.16% from the prior year.
  • Asset Utilization Ratio slipped to 0.09 in Q1 2026, from 0.1 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.1 in Q2 2025 to a low of 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.
  • Across the five-year window, Asset Utilization Ratio grew 22.71% in 2024 and retreated 6.11% in 2026, its largest moves.
  • Tracing NCDL's Asset Utilization Ratio over 4 years: stood at 0.1 in 2023, then grew by 4.06% to 0.1 in 2024, then declined by 1.1% to 0.1 in 2025, then dropped by 3.78% to 0.09 in 2026.
  • Business Quant data shows NCDL's Asset Utilization Ratio at 0.09 in Q1 2026, 0.1 in Q4 2025, and 0.1 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - 0.15
3 Blackstone 97.77 Bn 96.72 Bn - 0.31
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 0.06
5 State Street 51.30 Bn 51.30 Bn - 0.04
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 0.15
7 Northern Trust 32.93 Bn 32.93 Bn - 0.03
8 Raymond James Financial 32.59 Bn 17.67 Bn - 0.15
9 Price T Rowe 24.70 Bn 21.13 Bn - 0.52
10 Nuveen Churchill Direct Lending 598.08 Mn 595.34 Mn - 0.09

Historic Data

Download Data
DateValue
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