Nuveen Churchill Direct Lending (NCDL) Change in Accured Expenses (2022 - 2026)
Nuveen Churchill Direct Lending recorded quarterly Change in Accured Expenses of -$7.0 million in Q1 2026, down 259.14% quarter-over-quarter from $4.4 million in Q4 2025, and down 11498.33% year-over-year from N/an in Q1 2025.
Nuveen Churchill Direct Lending's Change in Accured Expenses history runs 5 years deep, the most recent figure standing at -$7.0 million for Q1 2026.
- In Q1 2026, Change in Accured Expenses fell 11498.33% year-over-year to -$7.0 million; the TTM figure through Mar 2026 stood at -$4.5 million (down 351.73% YoY), while the FY2025 annual figure was $2.4 million, down 23.87% from the prior year.
- Change in Accured Expenses came in at -$7.0 million for Q1 2026 at Nuveen Churchill Direct Lending, down from $4.4 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 $323470.6 and a median of $252000.0 in 2022 frame the typical range for Change in Accured Expenses.
- On a YoY basis, Change in Accured Expenses climbed as much as 739.26% in 2025 and fell as far as 15116.39% in 2025.
- Nuveen Churchill Direct Lending's Change in Accured Expenses stood at $1.1 million in 2022, then tumbled by 437.27% to -$3.6 million in 2023, then jumped by 181.18% to $2.9 million in 2024, then soared by 49.56% to $4.4 million in 2025, then slumped by 259.14% to -$7.0 million in 2026.
- According to Business Quant data, Change in Accured Expenses over the past three periods registered -$7.0 million, $4.4 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 | 158.51 Bn | 148.89 Bn | - | 3.47 Bn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | -709.73 Mn |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 8.03 Mn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | - |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | - |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 1.63 Bn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | -467.00 Mn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 28.60 Mn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | - |
| 10 | Nuveen Churchill Direct Lending | 661.29 Mn | 651.05 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 | 4.37 Mn |
| Dec 31, 2025 | 4.37 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 | 2.92 Mn |
| Dec 31, 2024 | 2.92 Mn |
| Sep 30, 2024 | 61,000.00 |
| Sep 30, 2024 | 61,000.00 |
| 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 | -3.60 Mn |
| Dec 31, 2023 | -3.60 Mn |
| Sep 30, 2023 | 3.47 Mn |
| Sep 30, 2023 | 3.47 Mn |
| Jun 30, 2023 | -1.01 Mn |
| Jun 30, 2023 | -1.01 Mn |
| Mar 31, 2023 | 1.35 Mn |
| Mar 31, 2023 | 1.35 Mn |
| Dec 31, 2022 | 1.07 Mn |
| Dec 31, 2022 | 1.07 Mn |
| Sep 30, 2022 | 5.19 Mn |
| Sep 30, 2022 | 5.19 Mn |
| Jun 30, 2022 | 252,000.00 |
| Jun 30, 2022 | 252,000.00 |
| Mar 31, 2022 | 226,000.00 |
| Mar 31, 2022 | 226,000.00 |