Nuveen Churchill Direct Lending (NCDL) Debt to Equity (2022 - 2025)

Nuveen Churchill Direct Lending's Debt to Equity history spans 4 years, with the latest figure at $1.27 for Q4 2025.

  • For Q4 2025, Debt to Equity changed N/A year-over-year to $1.27; the TTM value through Dec 2025 reached $1.27, changed N/A, while the annual FY2025 figure was $1.27, N/A changed from the prior year.
  • Debt to Equity for Q4 2025 was $1.27 at Nuveen Churchill Direct Lending, up from $1.26 in the prior quarter.
  • Across five years, Debt to Equity topped out at $1.48 in Q1 2023 and bottomed at $0.82 in Q1 2024.
  • The 4-year median for Debt to Equity is $1.27 (2023), against an average of $1.23.
  • The largest annual shift saw Debt to Equity crashed 44.52% in 2024 before it surged 59.27% in 2025.
  • A 4-year view of Debt to Equity shows it stood at $1.33 in 2022, then dropped by 5.32% to $1.26 in 2023, then fell by 12.46% to $1.1 in 2024, then grew by 15.32% to $1.27 in 2025.
  • Per Business Quant, the three most recent readings for NCDL's Debt to Equity are $1.27 (Q4 2025), $1.26 (Q2 2025), and $1.3 (Q1 2025).