Nuveen Churchill Direct Lending (NCDL) Cash from Operations (2022 - 2026)

Nuveen Churchill Direct Lending recorded quarterly Cash from Operations of 13738000.0 in Q1 2026, down 148.09% quarter-over-quarter from 28567000.0 in Q4 2025, and down 55.97% year-over-year from 31202760.19 in Q1 2025.

Nuveen Churchill Direct Lending's Cash from Operations history runs 5 years deep, the most recent figure standing at 13738000.0 for Q1 2026.

  • In Q1 2026, Cash from Operations fell 55.97% year-over-year to 13738000.0; the TTM figure through Mar 2026 stood at 189226000.0 (up 190.78% YoY), while the FY2025 annual figure was 194156000.0, up 165.33% from the prior year.
  • Cash from Operations came in at 13738000.0 for Q1 2026 at Nuveen Churchill Direct Lending, down from 28567000.0 in the prior quarter.
  • In the past five years, Cash from Operations ranged from a high of 137145000.0 in Q2 2025 to a low of 169361000.0 in Q2 2024.
  • A 5-year average of 53773411.76 and a median of 69446000.0 in 2022 frame the typical range for Cash from Operations.
  • Across the five-year window, Cash from Operations sank 137.56% in 2024 and soared 188.13% in 2025, its largest moves.
  • Nuveen Churchill Direct Lending's Cash from Operations stood at 88264000.0 in 2022, then plunged by 52.62% to 134708000.0 in 2023, then surged by 108.9% to 11987000.0 in 2024, then jumped by 138.32% to 28567000.0 in 2025, then sank by 148.09% to 13738000.0 in 2026.
  • According to Business Quant data, Cash from Operations over the past three periods registered 13738000.0, 28567000.0, and 37252000.0 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash from Operations (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - -980.00 Mn
2 Blackstone 92.68 Bn 91.63 Bn - 991.05 Mn
3 Kkr 84.94 Bn 132.45 Bn - 1.75 Bn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 338.00 Mn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 1.62 Bn
6 State Street 44.42 Bn 18.75 Bn - -12.14 Bn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 459.00 Mn
8 Northern Trust 31.21 Bn 31.21 Bn - -320.00 Mn
9 Ares Management 28.85 Bn 32.22 Bn - 406.52 Mn
10 Nuveen Churchill Direct Lending 661.29 Mn 651.05 Mn - -13.74 Mn

Historic Data

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DateValue
Mar 31, 2026 -13.74 Mn
Mar 31, 2026 -13.74 Mn
Dec 31, 2025 28.57 Mn
Dec 31, 2025 28.57 Mn
Sep 30, 2025 37.25 Mn
Sep 30, 2025 37.25 Mn
Jun 30, 2025 137.15 Mn
Jun 30, 2025 137.15 Mn
Mar 31, 2025 -8.81 Mn
Mar 31, 2025 -8.81 Mn
Dec 31, 2024 11.99 Mn
Dec 31, 2024 11.99 Mn
Sep 30, 2024 -42.27 Mn
Sep 30, 2024 -42.27 Mn
Jun 30, 2024 -169.36 Mn
Jun 30, 2024 -169.36 Mn
Mar 31, 2024 -97.56 Mn
Mar 31, 2024 -97.56 Mn
Dec 31, 2023 -134.71 Mn
Dec 31, 2023 -134.71 Mn
Sep 30, 2023 -114.33 Mn
Sep 30, 2023 -114.33 Mn
Jun 30, 2023 -79.43 Mn
Jun 30, 2023 -79.43 Mn
Mar 31, 2023 -41.07 Mn
Mar 31, 2023 -41.07 Mn
Dec 31, 2022 -88.26 Mn
Dec 31, 2022 -88.26 Mn
Sep 30, 2022 -112.70 Mn
Sep 30, 2022 -112.70 Mn
Jun 30, 2022 -157.44 Mn
Jun 30, 2022 -157.44 Mn
Mar 31, 2022 -69.45 Mn
Mar 31, 2022 -69.45 Mn