Nuveen Churchill Direct Lending (NCDL) Profit After Tax (2022 - 2026)

Nuveen Churchill Direct Lending's (NCDL) quarterly Profit After Tax came in at $20.0 million in Q1 2026, down 26.99% year-on-year from $27.5 million in Q1 2025, and down 54.07% quarter-over-quarter from $43.6 million in Q4 2025.

Nuveen Churchill Direct Lending (NCDL) Profit After Tax (2022 - 2026) Analysis & Trends

Nuveen Churchill Direct Lending has disclosed Profit After Tax across 5 years of filings, most recently posting $20.0 million for Q1 2026.

  • Profit After Tax for Q1 2026 came in at $20.0 million, down 26.99% year-over-year; the trailing twelve-month figure through Mar 2026 was $107.9 million (down 5.12% YoY), and the FY2025 annual result was $93.3 million, down 19.76% from the prior year.
  • Profit After Tax came in at $20.0 million for Q1 2026 at Nuveen Churchill Direct Lending, down from $43.6 million in the prior quarter.
  • In the past five years, Profit After Tax ranged from a high of $43.6 million in Q4 2025 to a low of $6.8 million in Q1 2022.
  • The 5-year median for Profit After Tax is $21.4 million (2025), against an average of $21.9 million.
  • Across the five-year window, Profit After Tax surged 407.36% in 2023 and sank 41.64% in 2025, its largest moves.
  • Nuveen Churchill Direct Lending's Profit After Tax stood at $7.3 million in 2022, then soared by 407.36% to $36.8 million in 2023, then fell by 20.04% to $29.5 million in 2024, then surged by 48.19% to $43.6 million in 2025, then tumbled by 54.07% to $20.0 million in 2026.
  • The last three Profit After Tax figures came in at $20.0 million (Q1 2026), $43.6 million (Q4 2025), and $21.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 BlackRock 160.20 Bn 150.57 Bn - 2.33 Bn
2 Blackstone 96.40 Bn 95.35 Bn - 1.26 Bn
3 Kkr 85.87 Bn 133.39 Bn - 405.23 Mn
4 Apollo Global Management 79.90 Bn 98.63 Bn 5.04 Bn -1.91 Bn
5 State Street 46.62 Bn 20.95 Bn - 764.00 Mn
6 Ameriprise Financial 42.78 Bn 42.65 Bn 4.57 Bn 915.00 Mn
7 Northern Trust 32.35 Bn 32.35 Bn - 525.50 Mn
8 Ares Management 30.25 Bn 33.62 Bn - 142.59 Mn
9 Raymond James Financial 30.24 Bn 18.99 Bn - 544.00 Mn
10 Nuveen Churchill Direct Lending 631.66 Mn 621.42 Mn - 20.04 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 20.04 Mn
Dec 31, 2025 43.64 Mn
Sep 30, 2025 21.39 Mn
Jun 30, 2025 22.86 Mn
Mar 31, 2025 27.45 Mn
Dec 31, 2024 29.45 Mn
Sep 30, 2024 36.64 Mn
Jun 30, 2024 20.21 Mn
Mar 31, 2024 29.73 Mn
Dec 31, 2023 36.83 Mn
Sep 30, 2023 21.66 Mn
Jun 30, 2023 14.31 Mn
Mar 31, 2023 12.72 Mn
Dec 31, 2022 7.26 Mn
Sep 30, 2022 12.42 Mn
Jun 30, 2022 9.73 Mn
Mar 31, 2022 6.75 Mn