Nuveen Churchill Direct Lending (NCDL) Non-Current Debt (2022 - 2026)

Nuveen Churchill Direct Lending (NCDL) reported Non-Current Debt of $1.1 billion for Q1 2026, down 5.15% on a YoY basis from $1.2 billion in Q1 2025, and up 2.04% sequentially from $1.1 billion in Q4 2025.

Nuveen Churchill Direct Lending (NCDL) Non-Current Debt (2022 - 2026) Analysis & Trends

Nuveen Churchill Direct Lending (NCDL) has 5 years of Non-Current Debt data on file, last reported at $1.1 billion in Q1 2026.

  • For the quarter ending Q1 2026, Non-Current Debt fell 5.15% year-over-year to $1.1 billion; the trailing twelve-month figure through Mar 2026 stood at $1.1 billion (down 5.15% YoY), and the FY2025 full-year result was $1.1 billion, up 0.61% from the prior year.
  • Non-Current Debt climbed to $1.1 billion in Q1 2026, from $1.1 billion in the prior quarter.
  • In the past five years, Non-Current Debt ranged from a high of $1.2 billion in Q1 2025 to a low of $699.8 million in Q4 2022.
  • A 5-year average of $985.7 million and a median of $1.1 billion in 2024 frame the typical range for Non-Current Debt.
  • Across the five-year window, Non-Current Debt soared 46.79% in 2025 and slipped 5.15% in 2026, its largest moves.
  • Tracing NCDL's Non-Current Debt over 5 years: stood at $699.8 million in 2022, then surged by 34.89% to $943.9 million in 2023, then gained by 17.41% to $1.1 billion in 2024, then rose by 0.61% to $1.1 billion in 2025, then grew by 2.04% to $1.1 billion in 2026.
  • Business Quant data shows NCDL's Non-Current Debt at $1.1 billion in Q1 2026, $1.1 billion in Q4 2025, and $1.1 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn 15.06 Bn
2 BlackRock 161.01 Bn 148.08 Bn - 12.32 Bn
3 Blackstone 97.77 Bn 96.72 Bn - 13.28 Bn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 14.22 Bn
5 State Street 51.30 Bn 51.30 Bn - -
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 200.00 Mn
7 Northern Trust 32.93 Bn 32.93 Bn - 7.84 Bn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 3.52 Bn
9 Price T Rowe 24.70 Bn 21.13 Bn - -
10 Nuveen Churchill Direct Lending 598.08 Mn 595.34 Mn - 1.14 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.14 Bn
Dec 31, 2025 1.12 Bn
Sep 30, 2025 1.11 Bn
Jun 30, 2025 1.11 Bn
Mar 31, 2025 1.20 Bn
Dec 31, 2024 1.11 Bn
Sep 30, 2024 1.09 Bn
Jun 30, 2024 1.02 Bn
Mar 31, 2024 817.21 Mn
Dec 31, 2023 943.94 Mn
Sep 30, 2023 860.19 Mn
Jun 30, 2023 818.55 Mn
Mar 31, 2023 763.71 Mn
Dec 31, 2022 699.77 Mn