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

Nuveen Churchill Direct Lending (NCDL) has 5 years of EBT data on file, last reported at -$3.3 million in Q1 2026.

• For the quarter ending Q1 2026, EBT fell 152.59% year-over-year to -$3.3 million; the trailing twelve-month figure through Mar 2026 stood at $10.2 million (down 72.04% YoY), and the FY2025 full-year result was $15.4 million, down 64.15% from the prior year.
• EBT retreated to -$3.3 million in Q1 2026, from $8.5 million in the prior quarter.
• In the past five years, EBT ranged from a high of $12.8 million in Q1 2024 to a low of -$3.3 million in Q1 2026.
• A 5-year average of $6.1 million and a median of $5.6 million in 2023 frame the typical range for EBT.
• Across the five-year window, EBT surged 178.74% in 2024 and slumped 152.59% in 2026, its largest moves.
• Tracing NCDL's EBT over 5 years: stood at $5.4 million in 2022, then jumped by 44.81% to $7.8 million in 2023, then grew by 24.63% to $9.7 million in 2024, then fell by 11.91% to $8.5 million in 2025, then tumbled by 138.28% to -$3.3 million in 2026.
• Business Quant data shows NCDL's EBT at -$3.3 million in Q1 2026, $8.5 million in Q4 2025, and $2.2 million in Q3 2025.