Nuveen Churchill Direct Lending (NCDL) Common Equity (2022 - 2026)

Nuveen Churchill Direct Lending (NCDL) reported Common Equity of $864.1 million for Q1 2026, down 6.08% on a YoY basis from $920.0 million in Q1 2025, and down 1.26% sequentially from $875.2 million in Q4 2025.

Nuveen Churchill Direct Lending (NCDL) Common Equity (2022 - 2026) Analysis & Trends

Nuveen Churchill Direct Lending (NCDL) has 5 years of Common Equity data on file, last reported at $864.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Common Equity fell 6.08% year-over-year to $864.1 million; the trailing twelve-month figure through Mar 2026 stood at $864.1 million (down 6.08% YoY), and the FY2025 full-year result was $875.2 million, down 9.81% from the prior year.
  • Common Equity slipped to $864.1 million in Q1 2026, from $875.2 million in the prior quarter.
  • In the past five years, Common Equity ranged from a high of $998.2 million in Q1 2024 to a low of $402.7 million in Q1 2022.
  • A 5-year average of $744.7 million and a median of $864.1 million in 2026 frame the typical range for Common Equity.
  • Across the five-year window, Common Equity soared 92.88% in 2024 and dropped 11.02% in 2025, its largest moves.
  • Tracing NCDL's Common Equity over 5 years: stood at $525.0 million in 2022, then surged by 42.47% to $747.9 million in 2023, then climbed by 29.74% to $970.3 million in 2024, then fell by 9.81% to $875.2 million in 2025, then dropped by 1.26% to $864.1 million in 2026.
  • Business Quant data shows NCDL's Common Equity at $864.1 million in Q1 2026, $875.2 million in Q4 2025, and $881.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn 170.22 Bn
2 BlackRock 161.01 Bn 148.08 Bn - 56.69 Bn
3 Blackstone 97.77 Bn 96.72 Bn - 8.37 Bn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 19.95 Bn
5 State Street 51.30 Bn 51.30 Bn - -
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 6.21 Bn
7 Northern Trust 32.93 Bn 32.93 Bn - 12.99 Bn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 12.57 Bn
9 Price T Rowe 24.70 Bn 21.13 Bn - 10.94 Bn
10 Nuveen Churchill Direct Lending 598.08 Mn 595.34 Mn - 864.11 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 864.11 Mn
Dec 31, 2025 875.18 Mn
Sep 30, 2025 881.49 Mn
Jun 30, 2025 887.74 Mn
Mar 31, 2025 920.02 Mn
Dec 31, 2024 970.32 Mn
Sep 30, 2024 990.61 Mn
Jun 30, 2024 986.37 Mn
Mar 31, 2024 998.23 Mn
Dec 31, 2023 747.89 Mn
Sep 30, 2023 638.96 Mn
Jun 30, 2023 557.50 Mn
Mar 31, 2023 517.54 Mn
Dec 31, 2022 524.96 Mn
Sep 30, 2022 470.78 Mn
Jun 30, 2022 425.77 Mn
Mar 31, 2022 402.68 Mn