Nuveen Churchill Direct Lending (NCDL) Equity Average (2022 - 2026)

Nuveen Churchill Direct Lending's Equity Average history spans 4 years, with the latest figure at $878.3 million for Q4 2025.

  • On a quarterly basis, Equity Average fell 10.42% to $878.3 million in Q4 2025 year-over-year; TTM through Dec 2025 was $878.3 million, a 10.42% decrease, with the full-year FY2025 number at $922.8 million, up 7.41% from a year prior.
  • Equity Average hit $878.3 million in Q4 2025 for Nuveen Churchill Direct Lending, down from $884.6 million in the prior quarter.
  • Over the last five years, Equity Average for NCDL hit a ceiling of $992.3 million in Q2 2024 and a floor of $414.2 million in Q2 2022.
  • Historically, Equity Average has averaged $743.8 million across 4 years, with a median of $873.1 million in 2024.
  • Biggest five-year swings in Equity Average: surged 84.61% in 2024 and later dropped 10.51% in 2025.
  • Tracing NCDL's Equity Average over 4 years: stood at $497.9 million in 2022, then soared by 39.28% to $693.4 million in 2023, then soared by 41.4% to $980.5 million in 2024, then decreased by 10.42% to $878.3 million in 2025.
  • Business Quant data shows Equity Average for NCDL at $878.3 million in Q4 2025, $884.6 million in Q3 2025, and $903.9 million in Q2 2025.