Nuveen Churchill Direct Lending (NCDL) EBIAT (2022 - 2026)

Nuveen Churchill Direct Lending's EBIAT history runs 5 years deep, the most recent figure standing at $20.0 million for Q1 2026.

• In Q1 2026, EBIAT fell 26.99% year-over-year to $20.0 million; the TTM figure through Mar 2026 stood at $107.9 million (down 5.12% YoY), while the FY2025 annual figure was $93.3 million, down 19.76% from the prior year.
• EBIAT came in at $20.0 million for Q1 2026 at Nuveen Churchill Direct Lending, down from $43.6 million in the prior quarter.
• In the past five years, EBIAT ranged from a high of $43.6 million in Q4 2025 to a low of $6.8 million in Q1 2022.
• A 5-year average of $21.9 million and a median of $21.4 million in 2025 frame the typical range for EBIAT.
• Across the five-year window, EBIAT soared 407.36% in 2023 and plunged 41.64% in 2025, its largest moves.
• Nuveen Churchill Direct Lending's EBIAT stood at $7.3 million in 2022, then jumped by 407.36% to $36.8 million in 2023, then retreated by 20.04% to $29.5 million in 2024, then soared by 48.19% to $43.6 million in 2025, then slumped by 54.07% to $20.0 million in 2026.
• According to Business Quant data, EBIAT over the past three periods registered $20.0 million, $43.6 million, and $21.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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