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| Date | Value |
|---|---|
| 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 |