Nuveen Churchill Direct Lending (NCDL) Enterprise Value (2022 - 2026)

Nuveen Churchill Direct Lending (NCDL) reported Enterprise Value of -$2.7 million for Q1 2026, up 94.2% on a YoY basis from -$1.4 million in Q1 2025, and up 94.65% sequentially from -$51.3 million in Q4 2025.

Nuveen Churchill Direct Lending (NCDL) Enterprise Value (2022 - 2026) Analysis & Trends

Nuveen Churchill Direct Lending (NCDL) has 5 years of Enterprise Value data on file, last reported at -$2.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Enterprise Value rose 94.2% year-over-year to -$2.7 million; the trailing twelve-month figure through Mar 2026 stood at -$2.7 million (up 94.2% YoY), and the FY2025 full-year result was -$51.3 million, down 25.55% from the prior year.
  • Enterprise Value climbed to -$2.7 million in Q1 2026, from -$51.3 million in the prior quarter.
  • In the past five years, Enterprise Value ranged from a high of -$2.7 million in Q1 2026 to a low of -$67.7 million in Q2 2024.
  • A 5-year average of -$41.5 million and a median of -$42.0 million in 2025 frame the typical range for Enterprise Value.
  • Across the five-year window, Enterprise Value plunged 266.93% in 2023 and jumped 94.2% in 2026, its largest moves.
  • Tracing NCDL's Enterprise Value over 5 years: stood at -$17.6 million in 2022, then sank by 266.93% to -$64.5 million in 2023, then jumped by 36.66% to -$40.8 million in 2024, then decreased by 25.55% to -$51.3 million in 2025, then surged by 94.65% to -$2.7 million in 2026.
  • Business Quant data shows NCDL's Enterprise Value at -$2.7 million in Q1 2026, -$51.3 million in Q4 2025, and -$42.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn 74.60 Bn
2 BlackRock 161.01 Bn 148.08 Bn - -12.93 Bn
3 Blackstone 97.77 Bn 96.72 Bn - -1.05 Bn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 19.58 Bn
5 State Street 51.30 Bn 51.30 Bn - -
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn -9.27 Bn
7 Northern Trust 32.93 Bn 32.93 Bn - -
8 Raymond James Financial 32.59 Bn 17.67 Bn - -14.92 Bn
9 Price T Rowe 24.70 Bn 21.13 Bn - -3.57 Bn
10 Nuveen Churchill Direct Lending 598.08 Mn 595.34 Mn - -2.74 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.74 Mn
Dec 31, 2025 -51.28 Mn
Sep 30, 2025 -42.03 Mn
Jun 30, 2025 -44.01 Mn
Mar 31, 2025 -47.25 Mn
Dec 31, 2024 -40.84 Mn
Sep 30, 2024 -62.48 Mn
Jun 30, 2024 -67.69 Mn
Mar 31, 2024 -52.77 Mn
Dec 31, 2023 -64.48 Mn
Sep 30, 2023 -34.20 Mn
Jun 30, 2023 -35.35 Mn
Mar 31, 2023 -49.57 Mn
Dec 31, 2022 -17.57 Mn
Sep 30, 2022 -37.51 Mn
Jun 30, 2022 -32.96 Mn
Mar 31, 2022 -23.34 Mn