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

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

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

Nuveen Churchill Direct Lending (NCDL) has 5 years of Change in Accured Expenses data on file, last reported at -$7.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Accured Expenses fell 11498.33% year-over-year to -$7.0 million; the trailing twelve-month figure through Mar 2026 stood at -$6.7 million (down 470.74% YoY), and the FY2025 full-year result was $248000.0, down 92.08% from the prior year.
  • Change in Accured Expenses eased to -$7.0 million in Q1 2026, from $2.2 million in the prior quarter.
  • In the past five years, Change in Accured Expenses ranged from a high of $7.2 million in Q2 2025 to a low of -$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.
  • Across the five-year window, Change in Accured Expenses soared 739.26% in 2025 and plunged 11498.33% in 2026, its largest moves.
  • Tracing NCDL's Change in Accured Expenses over 5 years: stood at $6.3 million in 2022, then slumped by 113.36% to -$847000.0 in 2023, then sank by 194.57% to -$2.5 million in 2024, then soared by 189.7% to $2.2 million in 2025, then slumped by 410.95% to -$7.0 million in 2026.
  • Business Quant data shows NCDL's Change in Accured Expenses at -$7.0 million in Q1 2026, $2.2 million in Q4 2025, and -$9.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - -2.26 Bn
3 Blackstone 97.77 Bn 96.72 Bn - 176.55 Mn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn -
5 State Street 51.30 Bn 51.30 Bn - 1.63 Bn
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn -467.00 Mn
7 Northern Trust 32.93 Bn 32.93 Bn - 28.60 Mn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 166.00 Mn
9 Price T Rowe 24.70 Bn 21.13 Bn - -
10 Nuveen Churchill Direct Lending 598.08 Mn 595.34 Mn - -6.96 Mn

Historic Data

Download Data
DateValue
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
Dec 31, 2023 -847,000.00
Dec 31, 2023 -847,000.00