Nuveen Churchill Direct Lending NCDL
NYSE NCDL
$12.31 -0.06 (-0.49%)
At close: Aug 21, 2026 · 4:00 PM EDT

Nuveen Churchill Direct Lending (NCDL) Change in Accured Expenses (2022 - 2026)

Nuveen Churchill Direct Lending (NCDL) posted Change in Accured Expenses of -$7.0 million for Q1 2026, down 410.95% sequentially from $2.2 million in Q4 2025, and down 11498.33% YoY from N/an in Q1 2025.

Nuveen Churchill Direct Lending (NCDL) Change in Accured Expenses (2022 - 2026) Analysis & Trends

Nuveen Churchill Direct Lending has reported Change in Accured Expenses for 5 years, with the latest figure at -$7.0 million in Q1 2026.

  • Quarterly Change in Accured Expenses fell 11498.33% year-over-year to -$7.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$6.7 million (down 470.74% YoY) and the FY2025 annual result came in at $248000.0, down 92.08% from the prior year.
  • Change in Accured Expenses eased to -$7.0 million in Q1 2026 per NCDL's latest filing, from $2.2 million in the prior quarter.
  • Over five years, Change in Accured Expenses peaked at $7.2 million in Q2 2025 and troughed at -$9.2 million in Q3 2025.
  • A 5-year average of $197882.4 and a median of $176000.0 in 2022 frame the typical range for Change in Accured Expenses.
  • The sharpest annual moves came in 2025 and 2026: Change in Accured Expenses surged 739.26% in 2025, then slumped 11498.33% in 2026.
  • Over 5 years, Change in Accured Expenses stood at $6.3 million in 2022, then sank by 113.36% to -$847000.0 in 2023, then plunged by 194.57% to -$2.5 million in 2024, then soared by 189.7% to $2.2 million in 2025, then sank by 410.95% to -$7.0 million in 2026.
  • According to Business Quant data, Change in Accured Expenses over the past three periods registered -$7.0 million, $2.2 million, and -$9.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (Qtr)
1 BlackRock 179.54 Bn 165.67 Bn - -2.06 Bn
2 Blackstone 114.83 Bn 112.32 Bn - -244.18 Mn
3 Kkr 97.26 Bn -179.81 Bn - 834.56 Mn
4 Brookfield 93.07 Bn 45.66 Bn - -
5 Brookfield Asset Management 83.46 Bn 81.96 Bn - -
6 Apollo Global Management 78.41 Bn 53.04 Bn 10.54 Bn -
7 State Street 51.66 Bn 51.66 Bn - 2.71 Bn
8 Ameriprise Financial 51.12 Bn 40.07 Bn 4.72 Bn 387.00 Mn
9 Raymond James Financial 33.99 Bn 20.74 Bn - 407.00 Mn
10 Nuveen Churchill Direct Lending 606.47 Mn 565.71 Mn - 5.52 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 5.52 Mn
Jun 30, 2026 5.52 Mn
Mar 31, 2026 -6.96 Mn
Mar 31, 2026 -6.96 Mn
Dec 31, 2025 2.24 Mn
Dec 31, 2025 2.24 Mn
Sep 30, 2025 -9.16 Mn
Sep 30, 2025 -9.16 Mn
Jun 30, 2025 7.23 Mn
Jun 30, 2025 7.23 Mn
Mar 31, 2025 -60,000.00
Mar 31, 2025 -60,000.00
Dec 31, 2024 -2.50 Mn
Dec 31, 2024 -2.50 Mn
Sep 30, 2024 5.48 Mn
Sep 30, 2024 5.48 Mn
Jun 30, 2024 -1.13 Mn
Jun 30, 2024 -1.13 Mn
Mar 31, 2024 1.28 Mn
Mar 31, 2024 1.28 Mn