Nuveen Churchill Direct Lending (NCDL) Price to Earnings (2024 - 2026)
Nuveen Churchill Direct Lending's (NCDL) Price to Earnings came in at 12.57 for Q3 2026, up 46.0% from 8.61 a year earlier but down 4.0% 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.
- Quarterly Price to Earnings has run from a low of 7.70 in Q4 2024 to a high of 13.09 in Q2 2026 over five years.
- On a year-over-year basis, Price to Earnings has increased in each of the last five quarters, with growth averaging 18.6% over the last seven quarters.
- According to Business Quant data, Price to Earnings for the three prior quarters was 13.09 (Q2 2026), 10.60 (Q1 2026) and 10.04 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - |
| 10 | Nuveen Churchill Direct Lending | 581.78 Mn | 549.38 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.57 |
| 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();