Nuveen Churchill Direct Lending (NCDL) Shares Outstanding (Weighted Average) (2022 - 2026)
Nuveen Churchill Direct Lending's (NCDL) quarterly Shares Outstanding (Weighted Average) came in at $49.4 million in Q1 2026, down 5.41% year-on-year from $52.2 million in Q1 2025, and down 1.79% quarter-over-quarter from $50.3 million in Q4 2025.
Nuveen Churchill Direct Lending (NCDL) Shares Outstanding (Weighted Average) (2022 - 2026) Analysis & Trends
Nuveen Churchill Direct Lending has disclosed Shares Outstanding (Weighted Average) across 5 years of filings, most recently posting $49.4 million for Q1 2026.
- Shares Outstanding (Weighted 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 (Weighted 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 (Weighted 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 (Weighted Average) is $52.2 million (2025), against an average of $5.7 billion.
- Across the five-year window, Shares Outstanding (Weighted Average) plunged 99.87% in 2023 and surged 84.6% in 2024, its largest moves.
- Nuveen Churchill Direct Lending's Shares Outstanding (Weighted 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 (Weighted 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Weighted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 155.30 Mn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 785.33 Mn |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 891.15 Mn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 594.90 Mn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 278.43 Mn |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 93.30 Mn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 185.50 Mn |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 196.10 Mn |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 224.03 Mn |
| 10 | Nuveen Churchill Direct Lending | 601.78 Mn | 591.54 Mn | - | 49.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 49.39 Mn |
| Dec 31, 2025 | 50.29 Mn |
| Sep 30, 2025 | 50.59 Mn |
| Jun 30, 2025 | 51.19 Mn |
| Mar 31, 2025 | 52.21 Mn |
| Dec 31, 2024 | 54.12 Mn |
| Sep 30, 2024 | 54.69 Mn |
| Jun 30, 2024 | 54.79 Mn |
| Mar 31, 2024 | 52.76 Mn |
| Dec 31, 2023 | 33.39 Mn |
| Sep 30, 2023 | 34.81 Mn |
| Jun 30, 2023 | 29.68 Mn |
| Mar 31, 2023 | 28.73 Bn |
| Dec 31, 2022 | 23.28 Mn |
| Sep 30, 2022 | 24.49 Bn |
| Jun 30, 2022 | 22.21 Bn |
| Mar 31, 2022 | 20.51 Bn |