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| Date | Value |
|---|---|
| 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 |