Nuveen Churchill Direct Lending (NCDL) Other Operating Activities (2019 - 2026)
Nuveen Churchill Direct Lending (NCDL) reported Other Operating Activities of -$131.76 million for Q3 2026, compared with -$14.78 million a year earlier.
Nuveen Churchill Direct Lending (NCDL) Other Operating Activities (2019 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Nuveen Churchill Direct Lending's Other Operating Activities came in at -$333.77 million; for FY2025, it was -$354.15 million.
- By year, Other Operating Activities came in at -$873.2 million in FY2024, -$592.71 million in FY2023, -$503.93 million in FY2022 and -$613.57 million in FY2021.
- The Q3 2026 figure ranks as the lowest quarterly Other Operating Activities since Q1 2025.
- Per Business Quant data, the three quarters before Q3 2026 came in at -$22.28 million (Q2 2026), -$76.71 million (Q1 2026) and -$103.02 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Other Operating (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | -1.10 Bn |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | -473.00 Mn |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | -43.54 Mn |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | -10.96 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | -2.00 Bn |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | -9.78 Bn |
| 10 | Nuveen Churchill Direct Lending | 581.78 Mn | 549.38 Mn | - | 117.51 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 117.51 Mn |
| Jun 30, 2026 | -47.69 Mn |
| Mar 31, 2026 | -163.47 Mn |
| Dec 31, 2025 | -180.18 Mn |
| Sep 30, 2025 | 64.17 Mn |
| Jun 30, 2025 | -162.54 Mn |
| Mar 31, 2025 | -310.49 Mn |
| Dec 31, 2024 | -308.14 Mn |
| Sep 30, 2024 | -409.04 Mn |
| Jun 30, 2024 | -613.72 Mn |
| Mar 31, 2024 | -405.88 Mn |
| Dec 31, 2023 | -476.79 Mn |
| Sep 30, 2023 | -291.44 Mn |
| Jun 30, 2023 | -206.58 Mn |
| Mar 31, 2023 | -206.91 Mn |
| Dec 31, 2022 | -234.20 Mn |
| Sep 30, 2022 | 11.31 Mn |
| Jun 30, 2022 | 47.42 Mn |
| Mar 31, 2022 | -125.79 Mn |
| Dec 31, 2021 | -375.78 Mn |
Nuveen Churchill Direct Lending Other Operating Activities 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=other-operating-activities&ticker=NCDL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-operating-activities", "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=other-operating-activities&ticker=NCDL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();