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| Date | Value |
|---|---|
| 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 |