Nuveen Churchill Direct Lending (NCDL) Times Interest Earned (2022 - 2026)

Nuveen Churchill Direct Lending (NCDL) reported Times Interest Earned of $0.86 for Q1 2026, down 33.48% on a YoY basis from $1.29 in Q1 2025, and down 47.93% sequentially from $1.65 in Q4 2025.

Nuveen Churchill Direct Lending (NCDL) Times Interest Earned (2022 - 2026) Analysis & Trends

Nuveen Churchill Direct Lending (NCDL) has 5 years of Times Interest Earned data on file, last reported at $0.86 in Q1 2026.

  • For the quarter ending Q1 2026, Times Interest Earned fell 33.48% year-over-year to $0.86; the trailing twelve-month figure through Mar 2026 stood at $1.13 (down 20.84% YoY), and the FY2025 full-year result was $1.2, down 22.15% from the prior year.
  • Times Interest Earned eased to $0.86 in Q1 2026, from $1.65 in the prior quarter.
  • In the past five years, Times Interest Earned ranged from a high of $3.01 in Q1 2022 to a low of $0.86 in Q1 2026.
  • A 5-year average of $1.55 and a median of $1.43 in 2023 frame the typical range for Times Interest Earned.
  • Across the five-year window, Times Interest Earned sank 53.72% in 2023 and gained 26.6% in 2024, its largest moves.
  • Tracing NCDL's Times Interest Earned over 5 years: stood at $1.61 in 2022, then declined by 10.99% to $1.43 in 2023, then gained by 2.23% to $1.46 in 2024, then increased by 13.02% to $1.65 in 2025, then plunged by 47.93% to $0.86 in 2026.
  • Business Quant data shows NCDL's Times Interest Earned at $0.86 in Q1 2026, $1.65 in Q4 2025, and $1.11 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Times Interest Earned (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - 21.00
3 Blackstone 97.77 Bn 96.72 Bn - 11.62
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 0.02
5 State Street 51.30 Bn 51.30 Bn - 1.54
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 6.35
7 Northern Trust 32.93 Bn 32.93 Bn - 1.44
8 Raymond James Financial 32.59 Bn 17.67 Bn - 2.52
9 Price T Rowe 24.70 Bn 21.13 Bn - -
10 Nuveen Churchill Direct Lending 598.08 Mn 595.34 Mn - 0.86

Historic Data

Download Data
DateValue
Mar 31, 2026 0.86
Dec 31, 2025 1.65
Sep 30, 2025 1.11
Jun 30, 2025 1.14
Mar 31, 2025 1.29
Dec 31, 2024 1.46
Sep 30, 2024 1.36
Jun 30, 2024 1.66
Mar 31, 2024 1.76
Dec 31, 2023 1.43
Sep 30, 2023 1.35
Jun 30, 2023 1.31
Mar 31, 2023 1.39
Dec 31, 2022 1.61
Sep 30, 2022 1.70
Jun 30, 2022 2.30
Mar 31, 2022 3.01