Nuveen Churchill Direct Lending (NCDL) Shares Outstanding (Diluted Average) (2022 - 2026)

Nuveen Churchill Direct Lending has disclosed Shares Outstanding (Diluted Average) across 5 years of filings, most recently posting $49.4 million for Q1 2026.

• Shares Outstanding (Diluted Average) for Q1 2026 came in at $49.4 million, down 5.41% year-over-year; the trailing twelve-month figure through Mar 2026 was $49.4 million (down 5.41% YoY), and the FY2025 annual result was $50.3 million, down 7.08% from the prior year.
• Shares Outstanding (Diluted Average) came in at $49.4 million for Q1 2026 at Nuveen Churchill Direct Lending, down from $50.3 million in the prior quarter.
• In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $28.7 billion in Q1 2023 to a low of $23.3 million in Q4 2022.
• The 5-year median for Shares Outstanding (Diluted Average) is $52.2 million (2025), against an average of $5.7 billion.
• Across the five-year window, Shares Outstanding (Diluted Average) slumped 99.87% in 2023 and surged 75.61% in 2024, its largest moves.
• Nuveen Churchill Direct Lending's Shares Outstanding (Diluted Average) stood at $23.3 million in 2022, then soared by 43.41% to $33.4 million in 2023, then surged by 62.1% to $54.1 million in 2024, then declined by 7.08% to $50.3 million in 2025, then declined by 1.79% to $49.4 million in 2026.
• The last three Shares Outstanding (Diluted Average) figures came in at $49.4 million (Q1 2026), $50.3 million (Q4 2025), and $50.6 million (Q3 2025), per Business Quant data.