Nuveen Churchill Direct Lending NCDL
NYSE NCDL
$12.31 -0.06 (-0.49%)
At close: Aug 21, 2026 · 4:00 PM EDT

Nuveen Churchill Direct Lending (NCDL) Other Operating Expenses (2022 - 2026)

Nuveen Churchill Direct Lending (NCDL) posted Other Operating Expenses of $25.8 million for Q1 2026, down 5.74% sequentially from $27.4 million in Q4 2025, and down 7.9% YoY from $28.0 million in Q1 2025.

Nuveen Churchill Direct Lending (NCDL) Other Operating Expenses (2022 - 2026) Analysis & Trends

Nuveen Churchill Direct Lending has reported Other Operating Expenses for 5 years, with the latest figure at $25.8 million in Q1 2026.

  • Quarterly Other Operating Expenses fell 7.9% year-over-year to $25.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $112.2 million (down 6.05% YoY) and the FY2025 annual result came in at $114.5 million, down 2.57% from the prior year.
  • Other Operating Expenses declined to $25.8 million in Q1 2026 per NCDL's latest filing, from $27.4 million in the prior quarter.
  • Over five years, Other Operating Expenses peaked at $34.1 million in Q3 2024 and troughed at $5.0 million in Q1 2022.
  • A 5-year average of $21.8 million and a median of $25.8 million in 2026 frame the typical range for Other Operating Expenses.
  • The sharpest annual moves came in 2023 and 2025: Other Operating Expenses surged 218.71% in 2023, then slipped 14.62% in 2025.
  • Over 5 years, Other Operating Expenses stood at $15.0 million in 2022, then soared by 52.96% to $23.0 million in 2023, then surged by 33.3% to $30.6 million in 2024, then slipped by 10.46% to $27.4 million in 2025, then fell by 5.74% to $25.8 million in 2026.
  • According to Business Quant data, Other Operating Expenses over the past three periods registered $25.8 million, $27.4 million, and $29.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 BlackRock 179.54 Bn 165.67 Bn -
2 Blackstone 114.83 Bn 112.32 Bn -
3 Kkr 97.26 Bn -179.81 Bn -
4 Brookfield 93.07 Bn 45.66 Bn -
5 Brookfield Asset Management 83.46 Bn 81.96 Bn -
6 Apollo Global Management 78.41 Bn 53.04 Bn 10.54 Bn
7 State Street 51.66 Bn 51.66 Bn -
8 Ameriprise Financial 51.12 Bn 40.07 Bn 4.72 Bn
9 Raymond James Financial 33.99 Bn 20.74 Bn -
10 Nuveen Churchill Direct Lending 606.47 Mn 565.71 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2026 23.89 Mn
Mar 31, 2026 25.83 Mn
Dec 31, 2025 27.40 Mn
Sep 30, 2025 29.15 Mn
Jun 30, 2025 29.87 Mn
Mar 31, 2025 28.05 Mn
Dec 31, 2024 30.60 Mn
Sep 30, 2024 34.14 Mn
Jun 30, 2024 26.69 Mn
Mar 31, 2024 26.04 Mn
Dec 31, 2023 22.96 Mn
Sep 30, 2023 19.97 Mn
Jun 30, 2023 18.18 Mn
Mar 31, 2023 16.04 Mn
Dec 31, 2022 15.01 Mn
Sep 30, 2022 9.90 Mn
Jun 30, 2022 6.52 Mn
Mar 31, 2022 5.03 Mn