Nuveen Churchill Direct Lending (NCDL) Income towards Parent Company (2022 - 2026)
Nuveen Churchill Direct Lending (NCDL) reported Income towards Parent Company of $3.59 million for Q2 2026, down 77.6% from $16.02 million a year earlier and down 58.6% from the prior quarter.
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Analysis
Nuveen Churchill Direct Lending (NCDL) Income towards Parent Company (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Nuveen Churchill Direct Lending's Income towards Parent Company came in at $46.86 million, down 51.8% year-over-year; for FY2025, it was $65.61 million, down 43.6% from FY2024.
- Income towards Parent Company has a four-year compound annual growth rate of 24.6% (FY2021 to FY2025).
- By year, Income towards Parent Company came in at $116.32 million in FY2024 (+53.2%), $75.94 million in FY2023 (+339.3%), $17.29 million in FY2022 (-36.6%) and $27.27 million in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly Income towards Parent Company since Q2 2022.
- Year over year, Income towards Parent Company has now declined in each of the last six quarters, with an average decline of 25.2% over the last eight quarters.
- The high point for year-over-year Income towards Parent Company in five years was Q4 2023 (growth of 296.2%); the low point was Q2 2026 (a decline of 77.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $8.69 million (Q1 2026), $15.92 million (Q4 2025) and $18.66 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.94 Bn | 29.62 Bn | - |
| 2 | Orix | 41.70 Bn | 42.20 Bn | - |
| 3 | Royalty Pharma | 32.87 Bn | 32.78 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - |
| 5 | Affirm Holdings | 23.86 Bn | 17.55 Bn | - |
| 6 | Synchrony Financial | 23.33 Bn | -44.64 Bn | - |
| 7 | Royal Gold | 19.87 Bn | 19.09 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 13.89 Bn | 4.98 Bn | - |
| 9 | Ares Capital | 13.54 Bn | 10.98 Bn | - |
| 10 | Nuveen Churchill Direct Lending | 543.75 Mn | 543.75 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.59 Mn |
| Mar 31, 2026 | 8.69 Mn |
| Dec 31, 2025 | 15.92 Mn |
| Sep 30, 2025 | 18.66 Mn |
| Jun 30, 2025 | 16.02 Mn |
| Mar 31, 2025 | 15.02 Mn |
| Dec 31, 2024 | 29.45 Mn |
| Sep 30, 2024 | 36.64 Mn |
| Jun 30, 2024 | 20.21 Mn |
| Mar 31, 2024 | 30.02 Mn |
| Dec 31, 2023 | 28.77 Mn |
| Sep 30, 2023 | 20.15 Mn |
| Jun 30, 2023 | 14.31 Mn |
| Mar 31, 2023 | 12.72 Mn |
| Dec 31, 2022 | 7.26 Mn |
| Sep 30, 2022 | 6.00 Mn |
| Jun 30, 2022 | -2.72 Mn |
| Mar 31, 2022 | 6.75 Mn |
API Access
Nuveen Churchill Direct Lending Income towards Parent Company 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=income-towards-parent-company&ticker=NCDL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-towards-parent-company", "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=income-towards-parent-company&ticker=NCDL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();