Nuveen Churchill Direct Lending (NCDL) Long-Term Debt Issuances (2022 - 2026)
Nuveen Churchill Direct Lending's (NCDL) quarterly Long-Term Debt Issuances came in at $272.5 million in Q1 2026, down 65.8% year-on-year from $796.8 million in Q1 2025, and up 512.36% quarter-over-quarter from $44.5 million in Q4 2025.
Nuveen Churchill Direct Lending (NCDL) Long-Term Debt Issuances (2022 - 2026) Analysis & Trends
Nuveen Churchill Direct Lending has disclosed Long-Term Debt Issuances across 5 years of filings, most recently posting $272.5 million for Q1 2026.
- Long-Term Debt Issuances for Q1 2026 came in at $272.5 million, down 65.8% year-over-year; the trailing twelve-month figure through Mar 2026 was $393.7 million (down 71.01% YoY), and the FY2025 annual result was $918.1 million, up 3.84% from the prior year.
- Long-Term Debt Issuances came in at $272.5 million for Q1 2026 at Nuveen Churchill Direct Lending, up from $44.5 million in the prior quarter.
- In the past five years, Long-Term Debt Issuances ranged from a high of $796.8 million in Q1 2025 to a low of $24.3 million in Q3 2025.
- The 5-year median for Long-Term Debt Issuances is $161.6 million (2023), against an average of $214.6 million.
- Across the five-year window, Long-Term Debt Issuances surged 379.9% in 2023 and tumbled 85.86% in 2025, its largest moves.
- Nuveen Churchill Direct Lending's Long-Term Debt Issuances stood at $98.0 million in 2022, then jumped by 379.9% to $470.3 million in 2023, then sank by 64.62% to $166.4 million in 2024, then tumbled by 73.26% to $44.5 million in 2025, then surged by 512.36% to $272.5 million in 2026.
- The last three Long-Term Debt Issuances figures came in at $272.5 million (Q1 2026), $44.5 million (Q4 2025), and $24.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Debt Issuances (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 160.20 Bn | 150.57 Bn | - | - |
| 2 | Blackstone | 96.40 Bn | 95.35 Bn | - | 900.00 Mn |
| 3 | Kkr | 85.87 Bn | 133.39 Bn | - | 3.91 Bn |
| 4 | Apollo Global Management | 79.90 Bn | 98.63 Bn | 5.04 Bn | 19.65 Bn |
| 5 | State Street | 46.62 Bn | 20.95 Bn | - | 123.00 Mn |
| 6 | Ameriprise Financial | 42.78 Bn | 42.65 Bn | 4.57 Bn | - |
| 7 | Northern Trust | 32.35 Bn | 32.35 Bn | - | - |
| 8 | Ares Management | 30.25 Bn | 33.62 Bn | - | 824.53 Mn |
| 9 | Raymond James Financial | 30.24 Bn | 18.99 Bn | - | 50.00 Mn |
| 10 | Nuveen Churchill Direct Lending | 631.66 Mn | 621.42 Mn | - | 272.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 272.50 Mn |
| Mar 31, 2026 | 272.50 Mn |
| Dec 31, 2025 | 44.50 Mn |
| Dec 31, 2025 | 44.50 Mn |
| Sep 30, 2025 | 24.25 Mn |
| Sep 30, 2025 | 24.25 Mn |
| Jun 30, 2025 | 52.48 Mn |
| Jun 30, 2025 | 52.48 Mn |
| Mar 31, 2025 | 796.85 Mn |
| Mar 31, 2025 | 796.85 Mn |
| Dec 31, 2024 | 166.40 Mn |
| Dec 31, 2024 | 166.40 Mn |
| Sep 30, 2024 | 171.50 Mn |
| Sep 30, 2024 | 171.50 Mn |
| Jun 30, 2024 | 223.25 Mn |
| Jun 30, 2024 | 223.25 Mn |
| Mar 31, 2024 | 323.00 Mn |
| Mar 31, 2024 | 323.00 Mn |
| Dec 31, 2023 | 470.30 Mn |
| Dec 31, 2023 | 470.30 Mn |