Nuveen Churchill Direct Lending (NCDL) FCF Payout Ratio (2024 - 2026)
Nuveen Churchill Direct Lending's (NCDL) FCF Payout Ratio was 0.32 for Q2 2026, up 57.1% from 0.21 a year earlier.
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Analysis
Nuveen Churchill Direct Lending (NCDL) FCF Payout Ratio (2024 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Nuveen Churchill Direct Lending's FCF Payout Ratio came in at 0.76, down 33.1% year-over-year; for FY2025, it was 0.53.
- Five-year quarterly FCF Payout Ratio spans a low of 0.21 in Q2 2025 and a high of 2.32 in Q4 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 0.04 |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 0.12 |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Nuveen Churchill Direct Lending | 555.60 Mn | 555.60 Mn | - | 0.32 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.32 |
| Dec 31, 2025 | 0.78 |
| Sep 30, 2025 | 0.60 |
| Jun 30, 2025 | 0.21 |
| Dec 31, 2024 | 2.32 |
API Access
Nuveen Churchill Direct Lending FCF Payout Ratio 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=fcf-payout-ratio&ticker=NCDL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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=fcf-payout-ratio&ticker=NCDL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();