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

Nuveen Churchill Direct Lending recorded quarterly Shares Outstanding (Weighted Average) of $49.4 million in Q1 2026, down 1.79% quarter-over-quarter from $50.3 million in Q4 2025, and down 5.41% year-over-year from $52.2 million in Q1 2025.

Nuveen Churchill Direct Lending's Shares Outstanding (Weighted Average) history runs 5 years deep, the most recent figure standing at $49.4 million for Q1 2026.

  • In Q1 2026, Shares Outstanding (Weighted Average) fell 5.41% year-over-year to $49.4 million; the TTM figure through Mar 2026 stood at $49.4 million (down 5.41% YoY), while the FY2025 annual figure 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.
  • A 5-year average of $5.7 billion and a median of $52.2 million in 2025 frame the typical range for Shares Outstanding (Weighted Average).
  • Across the five-year window, Shares Outstanding (Weighted Average) tumbled 99.87% in 2023 and soared 81.18% in 2024, its largest moves.
  • Nuveen Churchill Direct Lending's Shares Outstanding (Weighted Average) stood at $23.3 million in 2022, then jumped by 43.41% to $33.4 million in 2023, then soared by 62.1% to $54.1 million in 2024, then fell by 7.08% to $50.3 million in 2025, then fell by 1.79% to $49.4 million in 2026.
  • According to Business Quant data, Shares Outstanding (Weighted Average) over the past three periods registered $49.4 million, $50.3 million, and $50.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Weighted Avg.) (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 155.30 Mn
2 Blackstone 92.68 Bn 91.63 Bn - 785.33 Mn
3 Kkr 84.94 Bn 132.45 Bn - 891.15 Mn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 1.61 Bn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 594.90 Mn
6 State Street 44.42 Bn 18.75 Bn - 278.43 Mn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 93.30 Mn
8 Northern Trust 31.21 Bn 31.21 Bn - 185.50 Mn
9 Ares Management 28.85 Bn 32.22 Bn - 224.03 Mn
10 Nuveen Churchill Direct Lending 661.29 Mn 651.05 Mn - 49.39 Mn

Historic Data

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DateValue
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 53.77 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