Nuveen Churchill Direct Lending (NCDL) Net Cash Flow (2022 - 2026)
Nuveen Churchill Direct Lending (NCDL) reported Net Cash Flow of -$12.1 million for Q1 2026, down 305.67% on a YoY basis from $5.9 million in Q1 2025, and down 174.81% sequentially from $16.1 million in Q4 2025.
Nuveen Churchill Direct Lending (NCDL) Net Cash Flow (2022 - 2026) Analysis & Trends
Nuveen Churchill Direct Lending (NCDL) has 5 years of Net Cash Flow data on file, last reported at -$12.1 million in Q1 2026.
- For the quarter ending Q1 2026, Net Cash Flow fell 305.67% year-over-year to -$12.1 million; the trailing twelve-month figure through Mar 2026 stood at $1.2 million (up 108.14% YoY), and the FY2025 full-year result was $19.2 million, up 179.44% from the prior year.
- Net Cash Flow fell to -$12.1 million in Q1 2026, from $16.1 million in the prior quarter.
- In the past five years, Net Cash Flow ranged from a high of $31.4 million in Q4 2023 to a low of -$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.
- Peak annual rise in Net Cash Flow reached 1689.52% in 2023, while the deepest fall reached 308.24% in 2023.
- Tracing NCDL's Net Cash Flow over 5 years: stood at $1.8 million in 2022, then soared by 1689.52% to $31.4 million in 2023, then tumbled by 182.9% to -$26.0 million in 2024, then surged by 161.99% to $16.1 million in 2025, then plunged by 174.81% to -$12.1 million in 2026.
- Business Quant data shows NCDL's Net Cash Flow at -$12.1 million in Q1 2026, $16.1 million in Q4 2025, and $2.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | - |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | -1.56 Bn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | -136.30 Mn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 3.16 Bn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 2.09 Bn |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | -1.76 Bn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 43.20 Mn |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 1.45 Bn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 381.90 Mn |
| 10 | Nuveen Churchill Direct Lending | 598.08 Mn | 595.34 Mn | - | -12.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 31.42 Mn |
| Dec 31, 2023 | 31.42 Mn |