Nuveen Churchill Direct Lending (NCDL) Payables (2022 - 2026)
Nuveen Churchill Direct Lending (NCDL) posted Payables of $24.8 million for Q1 2026, down 5.11% sequentially from $26.1 million in Q4 2025, and down 22.19% YoY from $31.9 million in Q1 2025.
Nuveen Churchill Direct Lending (NCDL) Payables (2022 - 2026) Analysis & Trends
Nuveen Churchill Direct Lending has reported Payables for 5 years, with the latest figure at $24.8 million in Q1 2026.
- Quarterly Payables fell 22.19% year-over-year to $24.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $24.8 million (down 22.19% YoY) and the FY2025 annual result came in at $26.1 million, down 21.12% from the prior year.
- Payables slipped to $24.8 million in Q1 2026 per NCDL's latest filing, from $26.1 million in the prior quarter.
- Over five years, Payables peaked at $33.1 million in Q4 2024 and troughed at $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.
- The sharpest annual moves came in 2023 and 2025: Payables soared 33614.81% in 2023, then retreated 23.46% in 2025.
- Over 5 years, Payables 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 slipped by 21.12% to $26.1 million in 2025, then slipped by 5.11% to $24.8 million in 2026.
- According to Business Quant data, Payables over the past three periods registered $24.8 million, $26.1 million, and $25.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 178.91 Bn | 165.04 Bn | - | 2.01 Bn |
| 2 | Blackstone | 114.54 Bn | 112.03 Bn | - | 3.10 Bn |
| 3 | Kkr | 96.89 Bn | -180.18 Bn | - | - |
| 4 | Brookfield | 93.20 Bn | 45.80 Bn | - | 54.49 Bn |
| 5 | Brookfield Asset Management | 83.61 Bn | 82.11 Bn | - | 2.18 Bn |
| 6 | Apollo Global Management | 78.47 Bn | 53.09 Bn | 10.54 Bn | 4.13 Bn |
| 7 | State Street | 51.45 Bn | 51.45 Bn | - | - |
| 8 | Ameriprise Financial | 51.00 Bn | 39.96 Bn | 4.72 Bn | 33.73 Bn |
| 9 | Northern Trust | 33.94 Bn | 33.94 Bn | - | 145.58 Bn |
| 10 | Nuveen Churchill Direct Lending | 607.71 Mn | 566.95 Mn | - | 21.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.21 Mn |
| 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 |