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

Nuveen Churchill Direct Lending's (NCDL) quarterly Enterprise Value came in at -$10.2 million in Q1 2026, up 81.52% year-on-year from -$5.6 million in Q1 2025, and up 85.13% quarter-over-quarter from -$68.9 million in Q4 2025.

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

Nuveen Churchill Direct Lending has disclosed Enterprise Value across 5 years of filings, most recently posting -$10.2 million for Q1 2026.

  • Enterprise Value for Q1 2026 came in at -$10.2 million, up 81.52% year-over-year; the trailing twelve-month figure through Mar 2026 was -$10.2 million (up 81.52% YoY), and the FY2025 annual result was -$68.9 million, down 229540.0% from the prior year.
  • Enterprise Value came in at -$10.2 million for Q1 2026 at Nuveen Churchill Direct Lending, up from -$68.9 million in the prior quarter.
  • In the past five years, Enterprise Value ranged from a high of -$30000.0 in Q4 2024 to a low of -$68.9 million in Q4 2025.
  • The 5-year median for Enterprise Value is -$49.6 million (2023), against an average of -$42.7 million.
  • Across the five-year window, Enterprise Value surged 99.95% in 2024 and tumbled 229540.0% in 2025, its largest moves.
  • Nuveen Churchill Direct Lending's Enterprise Value stood at -$17.6 million in 2022, then plunged by 266.93% to -$64.5 million in 2023, then soared by 99.95% to -$30000.0 in 2024, then sank by 229540.0% to -$68.9 million in 2025, then jumped by 85.13% to -$10.2 million in 2026.
  • The last three Enterprise Value figures came in at -$10.2 million (Q1 2026), -$68.9 million (Q4 2025), and -$53.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - -9.62 Bn
2 Blackstone 96.85 Bn 95.80 Bn - -1.05 Bn
3 Kkr 86.45 Bn 133.96 Bn - 47.51 Bn
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 18.73 Bn
5 State Street 46.95 Bn 21.27 Bn - -8.49 Bn
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn -128.00 Mn
7 Northern Trust 31.92 Bn 31.92 Bn - -
8 Raymond James Financial 30.62 Bn 19.37 Bn - -11.25 Bn
9 Ares Management 29.04 Bn 32.41 Bn - 3.37 Bn
10 Nuveen Churchill Direct Lending 601.78 Mn 591.54 Mn - -10.24 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -10.24 Mn
Dec 31, 2025 -68.89 Mn
Sep 30, 2025 -53.09 Mn
Jun 30, 2025 -59.65 Mn
Mar 31, 2025 -55.43 Mn
Dec 31, 2024 -30,000.00
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