Nuveen Churchill Direct Lending (NCDL) Equity Income (2022 - 2026)
Nuveen Churchill Direct Lending (NCDL) reported Equity Income of -$7.8 million for Q1 2026, up 42.44% on a YoY basis from -$5.5 million in Q1 2025, and down 3.98% sequentially from -$7.5 million in Q4 2025.
Nuveen Churchill Direct Lending (NCDL) Equity Income (2022 - 2026) Analysis & Trends
Nuveen Churchill Direct Lending (NCDL) has 5 years of Equity Income data on file, last reported at -$7.8 million in Q1 2026.
- For the quarter ending Q1 2026, Equity Income rose 42.44% year-over-year to -$7.8 million; the trailing twelve-month figure through Mar 2026 stood at -$15.8 million (down 52.78% YoY), and the FY2025 full-year result was -$21.6 million, down 395.9% from the prior year.
- Equity Income eased to -$7.8 million in Q1 2026, from -$7.5 million in the prior quarter.
- In the past five years, Equity Income ranged from a high of $11.6 million in Q3 2023 to a low of -$13.6 million in Q1 2025.
- A 5-year average of -$2.9 million and a median of -$4.2 million in 2025 frame the typical range for Equity Income.
- Across the five-year window, Equity Income jumped 295.37% in 2023 and plunged 434.56% in 2025, its largest moves.
- Tracing NCDL's Equity Income over 5 years: stood at -$7.1 million in 2022, then soared by 163.67% to $4.5 million in 2023, then surged by 149.66% to $11.3 million in 2024, then plunged by 166.6% to -$7.5 million in 2025, then slipped by 3.98% to -$7.8 million in 2026.
- Business Quant data shows NCDL's Equity Income at -$7.8 million in Q1 2026, -$7.5 million in Q4 2025, and -$4.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | - |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | - |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | - |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | - |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | - |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | - |
| 10 | Nuveen Churchill Direct Lending | 598.08 Mn | 595.34 Mn | - | -7.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -7.81 Mn |
| Dec 31, 2025 | -7.51 Mn |
| Sep 30, 2025 | -4.25 Mn |
| Jun 30, 2025 | 3.77 Mn |
| Mar 31, 2025 | -13.57 Mn |
| Dec 31, 2024 | 11.28 Mn |
| Sep 30, 2024 | 4.05 Mn |
| Jun 30, 2024 | -12.10 Mn |
| Mar 31, 2024 | 4.06 Mn |
| Dec 31, 2023 | 4.52 Mn |
| Sep 30, 2023 | 11.57 Mn |
| Jun 30, 2023 | -4.24 Mn |
| Mar 31, 2023 | -11.14 Mn |
| Dec 31, 2022 | -7.10 Mn |
| Sep 30, 2022 | -5.92 Mn |
| Jun 30, 2022 | -12.51 Mn |
| Mar 31, 2022 | -2.38 Mn |