Nuveen Churchill Direct Lending (NCDL) Net Cash Flow (2022 - 2026)
Nuveen Churchill Direct Lending (NCDL) posted Net Cash Flow of -$12.1 million for Q1 2026, down 174.81% sequentially from $16.1 million in Q4 2025, and down 305.67% YoY from $5.9 million in Q1 2025.
Nuveen Churchill Direct Lending (NCDL) Net Cash Flow (2022 - 2026) Analysis & Trends
Nuveen Churchill Direct Lending has reported Net Cash Flow for 5 years, with the latest figure at -$12.1 million in Q1 2026.
- Quarterly Net Cash Flow fell 305.67% year-over-year to -$12.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.2 million (up 108.14% YoY) and the FY2025 annual result came in at $19.2 million, up 179.44% from the prior year.
- Net Cash Flow fell to -$12.1 million in Q1 2026 per NCDL's latest filing, from $16.1 million in the prior quarter.
- Over five years, Net Cash Flow peaked at $31.4 million in Q4 2023 and troughed at -$26.0 million in Q4 2024.
- A 5-year average of $892000.0 and a median of $1.8 million in 2022 frame the typical range for Net Cash Flow.
- The widest YoY moves for Net Cash Flow: up 1689.52% in 2023, down 308.24% in 2023.
- Over 5 years, Net Cash Flow stood at $1.8 million in 2022, then soared by 1689.52% to $31.4 million in 2023, then slumped by 182.9% to -$26.0 million in 2024, then surged by 161.99% to $16.1 million in 2025, then tumbled by 174.81% to -$12.1 million in 2026.
- According to Business Quant data, Net Cash Flow over the past three periods registered -$12.1 million, $16.1 million, and $2.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 178.86 Bn | 164.99 Bn | - | 650.00 Mn |
| 2 | Blackstone | 114.98 Bn | 112.48 Bn | - | 64.65 Mn |
| 3 | Kkr | 97.38 Bn | -179.70 Bn | - | 1.70 Bn |
| 4 | Brookfield | 93.59 Bn | 46.19 Bn | - | - |
| 5 | Brookfield Asset Management | 83.79 Bn | 82.29 Bn | - | 410.00 Mn |
| 6 | Apollo Global Management | 78.51 Bn | 53.14 Bn | 10.54 Bn | 4.67 Bn |
| 7 | State Street | 51.54 Bn | 51.54 Bn | - | -2.23 Bn |
| 8 | Ameriprise Financial | 51.29 Bn | 40.24 Bn | 4.72 Bn | 1.77 Bn |
| 9 | Northern Trust | 34.04 Bn | 34.04 Bn | - | -140.50 Mn |
| 10 | Nuveen Churchill Direct Lending | 603.51 Mn | 562.75 Mn | - | -4.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -4.64 Mn |
| Jun 30, 2026 | -4.64 Mn |
| Mar 31, 2026 | -12.08 Mn |
| Mar 31, 2026 | -12.08 Mn |
| Dec 31, 2025 | 16.15 Mn |
| Dec 31, 2025 | 16.15 Mn |
| Sep 30, 2025 | 2.33 Mn |
| Sep 30, 2025 | 2.33 Mn |
| Jun 30, 2025 | -5.17 Mn |
| Jun 30, 2025 | -5.17 Mn |
| Mar 31, 2025 | 5.87 Mn |
| Mar 31, 2025 | 5.87 Mn |
| Dec 31, 2024 | -26.05 Mn |
| Dec 31, 2024 | -26.05 Mn |
| Sep 30, 2024 | -1.68 Mn |
| Sep 30, 2024 | -1.68 Mn |
| Jun 30, 2024 | 6.84 Mn |
| Jun 30, 2024 | 6.84 Mn |
| Mar 31, 2024 | -3.25 Mn |
| Mar 31, 2024 | -3.25 Mn |