Nuveen Churchill Direct Lending (NCDL) Net Income towards Common Stockholders (2022 - 2026)
Nuveen Churchill Direct Lending's Net Income towards Common Stockholders came in at $3.59 million for Q2 2026, down 77.6% from $16.02 million a year earlier and down 58.6% from the prior quarter.
Nuveen Churchill Direct Lending (NCDL) Net Income towards Common Stockholders (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Nuveen Churchill Direct Lending reported Net Income towards Common Stockholders of $46.86 million, down 51.8% year-over-year; for FY2025, it was $65.61 million, down 43.6% from FY2024.
- Net Income towards Common Stockholders carries a four-year compound annual growth rate of 24.6% (FY2021 to FY2025).
- Going back by year, Net Income towards Common Stockholders was $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 represents the lowest quarterly Net Income towards Common Stockholders since Q2 2022.
- Year-over-year, Net Income towards Common Stockholders has declined for six consecutive quarters, with an average decline of 25.2% over the last eight quarters.
- The fastest year-over-year change in Net Income towards Common Stockholders over five years came in Q4 2023 (growth of 296.2%), and the weakest in Q2 2026 (a decline of 77.6%).
- Business Quant data shows NCDL's Net Income towards Common Stockholders at $8.69 million (Q1 2026), $15.92 million (Q4 2025) and $18.66 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.94 Bn | 29.62 Bn | - | 230.00 Mn |
| 2 | Orix | 41.70 Bn | 42.20 Bn | - | 1.76 Bn |
| 3 | Royalty Pharma | 32.87 Bn | 32.78 Bn | - | 17.88 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | 152.00 Mn |
| 5 | Affirm Holdings | 23.86 Bn | 17.55 Bn | - | 1.62 Bn |
| 6 | Synchrony Financial | 23.33 Bn | -44.64 Bn | - | 864.00 Mn |
| 7 | Royal Gold | 19.87 Bn | 19.09 Bn | 390.45 Mn | 236.39 Mn |
| 8 | Annaly Capital Management | 13.89 Bn | 4.98 Bn | - | 781.64 Mn |
| 9 | Ares Capital | 13.54 Bn | 10.98 Bn | - | 171.00 Mn |
| 10 | Nuveen Churchill Direct Lending | 543.75 Mn | 543.75 Mn | - | 3.59 Mn |
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 |
Nuveen Churchill Direct Lending Net Income towards Common Stockholders 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=net-income-towards-common-stockholders&ticker=NCDL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income-towards-common-stockholders", "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=net-income-towards-common-stockholders&ticker=NCDL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();