Nuveen Churchill Direct Lending (NCDL) FCF Margin (2022 - 2025)

Nuveen Churchill Direct Lending's FCF Margin history spans 4 years, with the latest figure at 75.03% for Q4 2025.

  • For Q4 2025, FCF Margin rose 5649.0% year-over-year to 75.03%; the TTM value through Dec 2025 reached 99.11%, up 22910.0%, while the annual FY2025 figure was 99.11%, 23177.0% up from the prior year.
  • FCF Margin for Q4 2025 was 75.03% at Nuveen Churchill Direct Lending, up from 72.89% in the prior quarter.
  • Across five years, FCF Margin topped out at 258.12% in Q2 2025 and bottomed at 991.22% in Q2 2022.
  • The 4-year median for FCF Margin is 201.58% (2023), against an average of 209.69%.
  • The largest annual shift saw FCF Margin surged 77714bps in 2023 before it tumbled -9335bps in 2024.
  • A 4-year view of FCF Margin shows it stood at 330.97% in 2022, then increased by 17bps to 275.2% in 2023, then soared by 107bps to 18.55% in 2024, then skyrocketed by 305bps to 75.03% in 2025.
  • Per Business Quant, the three most recent readings for NCDL's FCF Margin are 75.03% (Q4 2025), 72.89% (Q3 2025), and 258.12% (Q2 2025).