Nuveen Churchill Direct Lending (NCDL) Retained Earnings (2022 - 2026)

Nuveen Churchill Direct Lending's Retained Earnings history spans 4 years, with the latest figure at -$55.7 million for Q4 2025.

  • On a quarterly basis, Retained Earnings fell 110.22% to -$55.7 million in Q4 2025 year-over-year; TTM through Dec 2025 was -$55.7 million, a 110.22% decrease, with the full-year FY2025 number at -$55.7 million, down 110.22% from a year prior.
  • Retained Earnings hit -$55.7 million in Q4 2025 for Nuveen Churchill Direct Lending, down from -$49.6 million in the prior quarter.
  • Over the last five years, Retained Earnings for NCDL hit a ceiling of -$23.9 million in Q1 2024 and a floor of -$55.7 million in Q4 2025.
  • Historically, Retained Earnings has averaged -$35.4 million across 4 years, with a median of -$33.8 million in 2024.
  • Biggest five-year swings in Retained Earnings: increased 27.74% in 2024 and later crashed 110.22% in 2025.
  • Tracing NCDL's Retained Earnings over 4 years: stood at -$23.9 million in 2022, then dropped by 22.21% to -$29.2 million in 2023, then rose by 9.39% to -$26.5 million in 2024, then crashed by 110.22% to -$55.7 million in 2025.
  • Business Quant data shows Retained Earnings for NCDL at -$55.7 million in Q4 2025, -$49.6 million in Q3 2025, and -$46.0 million in Q2 2025.