Nuveen Churchill Direct Lending (NCDL) Change in Accured Expenses (2022 - 2026)
Nuveen Churchill Direct Lending's Change in Accured Expenses was $5.52 million in Q2 2026, down 43.2% from $9.72 million a year earlier.
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Analysis
Nuveen Churchill Direct Lending (NCDL) Change in Accured Expenses (2022 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nuveen Churchill Direct Lending's Change in Accured Expenses was -$6.22 million through Jun 30, 2026; for FY2025, it was $2.38 million, down 23.9% from FY2024.
- Change in Accured Expenses shows a four-year compound annual growth rate of 31.5% (FY2021 to FY2025).
- In earlier years, Change in Accured Expenses was $3.13 million in FY2024 (+205.4%), $1.03 million in FY2023 (-84.8%), $6.74 million in FY2022 (+745.5%) and $797,000 in FY2021.
- Quarterly Change in Accured Expenses has moved between -$9.16 million (Q3 2025) and $10.18 million (Q2 2024) over five years.
- Per Business Quant data, NCDL's Change in Accured Expenses in the three quarters before Q2 2026 was -$6.96 million (Q1 2026), $4.37 million (Q4 2025) and -$9.16 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Accured Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.94 Bn | 29.62 Bn | - | - |
| 2 | Orix | 41.70 Bn | 42.20 Bn | - | - |
| 3 | Royalty Pharma | 32.87 Bn | 32.78 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | - |
| 5 | Affirm Holdings | 23.86 Bn | 17.55 Bn | - | -22.78 Mn |
| 6 | Synchrony Financial | 23.33 Bn | -44.64 Bn | - | 190.00 Mn |
| 7 | Royal Gold | 19.87 Bn | 19.09 Bn | 390.45 Mn | - |
| 8 | Annaly Capital Management | 13.89 Bn | 4.98 Bn | - | 88.31 Mn |
| 9 | Ares Capital | 13.54 Bn | 10.98 Bn | - | 4.00 Mn |
| 10 | Nuveen Churchill Direct Lending | 543.75 Mn | 543.75 Mn | - | 5.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.52 Mn |
| Mar 31, 2026 | -6.96 Mn |
| Dec 31, 2025 | 4.37 Mn |
| Sep 30, 2025 | -9.16 Mn |
| Jun 30, 2025 | 9.72 Mn |
| Mar 31, 2025 | -2.55 Mn |
| Dec 31, 2024 | -2.50 Mn |
| Sep 30, 2024 | -5.83 Mn |
| Jun 30, 2024 | 10.18 Mn |
| Mar 31, 2024 | 1.28 Mn |
| Dec 31, 2023 | -2.78 Mn |
| Sep 30, 2023 | 1.30 Mn |
| Jun 30, 2023 | 1.16 Mn |
| Mar 31, 2023 | 1.35 Mn |
| Dec 31, 2022 | 1.07 Mn |
| Sep 30, 2022 | 5.19 Mn |
| Jun 30, 2022 | 252,000.00 |
| Mar 31, 2022 | 226,000.00 |
API Access
Nuveen Churchill Direct Lending Change in Accured Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-accured-expenses&ticker=NCDL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-accured-expenses", "ticker": "NCDL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-accured-expenses&ticker=NCDL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();