Nuveen Churchill Direct Lending (NCDL) Equity Ratio (2022 - 2025)

Nuveen Churchill Direct Lending's Equity Ratio history spans 4 years, with the latest figure at 0.43 for Q4 2025.

  • For Q4 2025, Equity Ratio changed N/A year-over-year to 0.43; the TTM value through Dec 2025 reached 0.43, changed N/A, while the annual FY2025 figure was 0.43, N/A changed from the prior year.
  • Equity Ratio for Q4 2025 was 0.43 at Nuveen Churchill Direct Lending, roughly flat from 0.43 in the prior quarter.
  • Across five years, Equity Ratio topped out at 0.53 in Q1 2024 and bottomed at 0.39 in Q1 2023.
  • The 4-year median for Equity Ratio is 0.43 (2025), against an average of 0.44.
  • The largest annual shift saw Equity Ratio skyrocketed 35.8% in 2024 before it decreased 20.44% in 2025.
  • A 4-year view of Equity Ratio shows it stood at 0.42 in 2022, then rose by 3.21% to 0.43 in 2023, then increased by 7.13% to 0.46 in 2024, then decreased by 7.97% to 0.43 in 2025.
  • Per Business Quant, the three most recent readings for NCDL's Equity Ratio are 0.43 (Q4 2025), 0.43 (Q2 2025), and 0.42 (Q1 2025).