Nuveen Churchill Direct Lending (NCDL) EV to CFO (2025 - 2026)
Nuveen Churchill Direct Lending's (NCDL) EV to CFO came in at 3.98 for Q3 2026, up 4.5% from 3.81 a year earlier but down 26.5% from the prior quarter.
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Analysis
Nuveen Churchill Direct Lending (NCDL) EV to CFO (2025 - 2026) Analysis & Trends
For FY2025, Nuveen Churchill Direct Lending's EV to CFO stood at 3.39.
- Quarterly EV to CFO has run from a low of 3.32 in Q1 2026 to a high of 8.15 in Q2 2025 over five years.
- According to Business Quant data, EV to CFO for the three prior quarters was 5.42 (Q2 2026), 3.32 (Q1 2026) and 3.39 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - |
| 10 | Nuveen Churchill Direct Lending | 581.78 Mn | 549.38 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.96 |
| Jun 30, 2026 | 5.38 |
| Mar 31, 2026 | 3.24 |
| Dec 31, 2025 | 3.35 |
| Sep 30, 2025 | 3.81 |
| Jun 30, 2025 | 8.15 |
API Access
Nuveen Churchill Direct Lending EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=NCDL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "NCDL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=NCDL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();