Nuveen Churchill Direct Lending (NCDL) Change in Cash (2022 - 2026)
Nuveen Churchill Direct Lending's (NCDL) quarterly Change in Cash came in at -$12.1 million in Q1 2026, down 305.67% year-on-year from $5.9 million in Q1 2025, and down 174.81% quarter-over-quarter from $16.1 million in Q4 2025.
Nuveen Churchill Direct Lending (NCDL) Change in Cash (2022 - 2026) Analysis & Trends
Nuveen Churchill Direct Lending has disclosed Change in Cash across 5 years of filings, most recently posting -$12.1 million for Q1 2026.
- Change in Cash for Q1 2026 came in at -$12.1 million, down 305.67% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.2 million (up 108.14% YoY), and the FY2025 annual result was $19.2 million, up 179.44% from the prior year.
- Change in Cash came in at -$12.1 million for Q1 2026 at Nuveen Churchill Direct Lending, down from $16.1 million in the prior quarter.
- In the past five years, Change in Cash ranged from a high of $31.4 million in Q4 2023 to a low of -$26.0 million in Q4 2024.
- The 5-year median for Change in Cash is $1.8 million (2022), against an average of $892000.0.
- Peak annual rise in Change in Cash reached 1689.52% in 2023, while the deepest fall reached 308.24% in 2023.
- Nuveen Churchill Direct Lending's Change in Cash stood at $1.8 million in 2022, then jumped by 1689.52% to $31.4 million in 2023, then slumped by 182.9% to -$26.0 million in 2024, then soared by 161.99% to $16.1 million in 2025, then tumbled by 174.81% to -$12.1 million in 2026.
- The last three Change in Cash figures came in at -$12.1 million (Q1 2026), $16.1 million (Q4 2025), and $2.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 160.20 Bn | 150.57 Bn | - | -1.63 Bn |
| 2 | Blackstone | 96.40 Bn | 95.35 Bn | - | -144.24 Mn |
| 3 | Kkr | 85.87 Bn | 133.39 Bn | - | 2.33 Bn |
| 4 | Apollo Global Management | 79.90 Bn | 98.63 Bn | 5.04 Bn | 3.16 Bn |
| 5 | State Street | 46.62 Bn | 20.95 Bn | - | 2.09 Bn |
| 6 | Ameriprise Financial | 42.78 Bn | 42.65 Bn | 4.57 Bn | -1.77 Bn |
| 7 | Northern Trust | 32.35 Bn | 32.35 Bn | - | -57.10 Mn |
| 8 | Ares Management | 30.25 Bn | 33.62 Bn | - | 79.88 Mn |
| 9 | Raymond James Financial | 30.24 Bn | 18.99 Bn | - | 1.39 Bn |
| 10 | Nuveen Churchill Direct Lending | 631.66 Mn | 621.42 Mn | - | -12.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -12.08 Mn |
| Dec 31, 2025 | 16.15 Mn |
| Sep 30, 2025 | 2.33 Mn |
| Jun 30, 2025 | -5.17 Mn |
| Mar 31, 2025 | 5.87 Mn |
| Dec 31, 2024 | -26.05 Mn |
| Sep 30, 2024 | -1.68 Mn |
| Jun 30, 2024 | 6.84 Mn |
| Mar 31, 2024 | -3.25 Mn |
| Dec 31, 2023 | 31.42 Mn |
| Sep 30, 2023 | -9.48 Mn |
| Jun 30, 2023 | -4.12 Mn |
| Mar 31, 2023 | 10.30 Mn |
| Dec 31, 2022 | 1.76 Mn |
| Sep 30, 2022 | 4.55 Mn |
| Jun 30, 2022 | 9.62 Mn |
| Mar 31, 2022 | -11.84 Mn |