Nuveen Churchill Direct Lending (NCDL) Price to Earnings (2024 - 2026)
Nuveen Churchill Direct Lending's (NCDL) Price to Earnings came in at 13.09 for Q2 2026, up 58.5% from 8.26 a year earlier and up 23.5% from the prior quarter.
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Analysis
Nuveen Churchill Direct Lending (NCDL) Price to Earnings (2024 - 2026) Analysis & Trends
For FY2025, Nuveen Churchill Direct Lending's Price to Earnings stood at 10.04, up 30.4% from FY2024.
- In prior years, Nuveen Churchill Direct Lending's Price to Earnings was 7.70 in FY2024.
- The Q2 2026 figure stands as the highest quarterly Price to Earnings in data going back to Q1 2024.
- On a year-over-year basis, Price to Earnings has increased in each of the last four quarters, with growth averaging 14.0% over the last six quarters.
- According to Business Quant data, Price to Earnings for the three prior quarters was 10.60 (Q1 2026), 10.04 (Q4 2025) and 8.61 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.94 Bn | 29.62 Bn | - |
| 2 | Orix | 41.70 Bn | 42.20 Bn | - |
| 3 | Royalty Pharma | 32.87 Bn | 32.78 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - |
| 5 | Affirm Holdings | 23.86 Bn | 17.55 Bn | - |
| 6 | Synchrony Financial | 23.33 Bn | -44.64 Bn | - |
| 7 | Royal Gold | 19.87 Bn | 19.09 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 13.89 Bn | 4.98 Bn | - |
| 9 | Ares Capital | 13.54 Bn | 10.98 Bn | - |
| 10 | Nuveen Churchill Direct Lending | 543.75 Mn | 543.75 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.09 |
| Mar 31, 2026 | 10.60 |
| Dec 31, 2025 | 10.04 |
| Sep 30, 2025 | 8.61 |
| Jun 30, 2025 | 8.26 |
| Mar 31, 2025 | 8.58 |
| Dec 31, 2024 | 7.70 |
| Sep 30, 2024 | 8.22 |
| Jun 30, 2024 | 9.60 |
| Mar 31, 2024 | 10.62 |
API Access
Nuveen Churchill Direct Lending Price to Earnings 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=price-to-earnings&ticker=NCDL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=NCDL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();