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
DateValue
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