Nuveen Churchill Direct Lending (NCDL) Free Cash Flow (2022 - 2026)

Nuveen Churchill Direct Lending (NCDL) has 5 years of Free Cash Flow data on file, last reported at -$13.7 million in Q1 2026.

• For the quarter ending Q1 2026, Free Cash Flow fell 55.97% year-over-year to -$13.7 million; the trailing twelve-month figure through Mar 2026 stood at $189.2 million (up 190.78% YoY), and the FY2025 full-year result was $194.2 million, up 165.33% from the prior year.
• Free Cash Flow declined to -$13.7 million in Q1 2026, from $28.6 million in the prior quarter.
• In the past five years, Free Cash Flow ranged from a high of $137.1 million in Q2 2025 to a low of -$169.4 million in Q2 2024.
• A 5-year average of -$53.8 million and a median of -$69.4 million in 2022 frame the typical range for Free Cash Flow.
• Across the five-year window, Free Cash Flow plunged 137.56% in 2024 and surged 188.13% in 2025, its largest moves.
• Tracing NCDL's Free Cash Flow over 5 years: stood at -$88.3 million in 2022, then slumped by 52.62% to -$134.7 million in 2023, then soared by 108.9% to $12.0 million in 2024, then surged by 138.32% to $28.6 million in 2025, then tumbled by 148.09% to -$13.7 million in 2026.
• Business Quant data shows NCDL's Free Cash Flow at -$13.7 million in Q1 2026, $28.6 million in Q4 2025, and $37.3 million in Q3 2025.