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