Nuveen Churchill Direct Lending (NCDL) Net Income towards Common Stockholders (2019 - 2026)
Nuveen Churchill Direct Lending's Net Income towards Common Stockholders came in at $15.99 million for Q3 2026, down 14.3% from $18.66 million a year earlier but up 344.9% from the prior quarter.
Nuveen Churchill Direct Lending (NCDL) Net Income towards Common Stockholders (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Nuveen Churchill Direct Lending reported Net Income towards Common Stockholders of $44.19 million, down 44.2% 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 five-year range for quarterly Net Income towards Common Stockholders is -$2.72 million (Q2 2022) to $36.64 million (Q3 2024).
- Year-over-year, Net Income towards Common Stockholders has declined for seven consecutive quarters, with an average decline of 37.2% 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 $3.59 million (Q2 2026), $8.69 million (Q1 2026) and $15.92 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 144.68 Mn |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 709.00 Mn |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | 3.61 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 1.04 Bn |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 864.00 Mn |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 164.17 Mn |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 227.42 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | 319.00 Mn |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | -1.04 Bn |
| 10 | Nuveen Churchill Direct Lending | 581.78 Mn | 549.38 Mn | - | 15.99 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.99 Mn |
| 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 |
| Dec 31, 2021 | 9.33 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();