Nuveen Churchill Direct Lending (NCDL) Payables (2022 - 2026)
Nuveen Churchill Direct Lending (NCDL) reported Payables of $24.8 million for Q1 2026, down 22.19% on a YoY basis from $31.9 million in Q1 2025, and down 5.11% sequentially from $26.1 million in Q4 2025.
Nuveen Churchill Direct Lending (NCDL) Payables (2022 - 2026) Analysis & Trends
Nuveen Churchill Direct Lending (NCDL) has 5 years of Payables data on file, last reported at $24.8 million in Q1 2026.
- For the quarter ending Q1 2026, Payables fell 22.19% year-over-year to $24.8 million; the trailing twelve-month figure through Mar 2026 stood at $24.8 million (down 22.19% YoY), and the FY2025 full-year result was $26.1 million, down 21.12% from the prior year.
- Payables slipped to $24.8 million in Q1 2026, from $26.1 million in the prior quarter.
- In the past five years, Payables ranged from a high of $33.1 million in Q4 2024 to a low of $54000.0 in Q2 2022.
- A 5-year average of $21.2 million and a median of $24.8 million in 2026 frame the typical range for Payables.
- Across the five-year window, Payables jumped 33614.81% in 2023 and declined 23.46% in 2025, its largest moves.
- Tracing NCDL's Payables over 5 years: stood at $16.9 million in 2022, then surged by 37.89% to $23.3 million in 2023, then jumped by 42.05% to $33.1 million in 2024, then fell by 21.12% to $26.1 million in 2025, then fell by 5.11% to $24.8 million in 2026.
- Business Quant data shows NCDL's Payables at $24.8 million in Q1 2026, $26.1 million in Q4 2025, and $25.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 58.82 Bn |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 2.10 Bn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 3.11 Bn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 2.93 Bn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 33.28 Bn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 139.70 Bn |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 62.42 Bn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 369.50 Mn |
| 10 | Nuveen Churchill Direct Lending | 598.08 Mn | 595.34 Mn | - | 24.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.79 Mn |
| Dec 31, 2025 | 26.12 Mn |
| Sep 30, 2025 | 25.28 Mn |
| Jun 30, 2025 | 24.85 Mn |
| Mar 31, 2025 | 31.86 Mn |
| Dec 31, 2024 | 33.12 Mn |
| Sep 30, 2024 | 33.03 Mn |
| Jun 30, 2024 | 30.11 Mn |
| Mar 31, 2024 | 28.75 Mn |
| Dec 31, 2023 | 23.32 Mn |
| Sep 30, 2023 | 20.44 Mn |
| Jun 30, 2023 | 18.21 Mn |
| Mar 31, 2023 | 22.81 Mn |
| Dec 31, 2022 | 16.91 Mn |
| Sep 30, 2022 | 67,000.00 |
| Jun 30, 2022 | 54,000.00 |
| Mar 31, 2022 | 71,000.00 |