Nuveen Churchill Direct Lending (NCDL) Total Debt (2022 - 2026)
Nuveen Churchill Direct Lending recorded quarterly Total Debt of $1.1 billion in Q1 2026, up 2.04% quarter-over-quarter from $1.1 billion in Q4 2025, and down 5.15% year-over-year from $1.2 billion in Q1 2025.
Nuveen Churchill Direct Lending's Total Debt history runs 5 years deep, the most recent figure standing at $1.1 billion for Q1 2026.
- In Q1 2026, Total Debt fell 5.15% year-over-year to $1.1 billion; the TTM figure through Mar 2026 stood at $1.1 billion (down 5.15% YoY), while the FY2025 annual figure was $1.1 billion, up 0.61% from the prior year.
- Total Debt came in at $1.1 billion for Q1 2026 at Nuveen Churchill Direct Lending, up from $1.1 billion in the prior quarter.
- In the past five years, Total Debt ranged from a high of $1.2 billion in Q1 2025 to a low of $699.8 million in Q4 2022.
- A 5-year average of $985.7 million and a median of $1.1 billion in 2024 frame the typical range for Total Debt.
- Across the five-year window, Total Debt jumped 46.79% in 2025 and dropped 5.15% in 2026, its largest moves.
- Nuveen Churchill Direct Lending's Total Debt stood at $699.8 million in 2022, then jumped by 34.89% to $943.9 million in 2023, then climbed by 17.41% to $1.1 billion in 2024, then advanced by 0.61% to $1.1 billion in 2025, then rose by 2.04% to $1.1 billion in 2026.
- According to Business Quant data, Total Debt over the past three periods registered $1.1 billion, $1.1 billion, and $1.1 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 7.87 Bn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 13.28 Bn |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | - |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 2.48 Bn |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | - |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | - |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 200.00 Mn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 7.84 Bn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | - |
| 10 | Nuveen Churchill Direct Lending | 661.29 Mn | 651.05 Mn | - | 1.14 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.14 Bn |
| Dec 31, 2025 | 1.12 Bn |
| Sep 30, 2025 | 1.11 Bn |
| Jun 30, 2025 | 1.11 Bn |
| Mar 31, 2025 | 1.20 Bn |
| Dec 31, 2024 | 1.11 Bn |
| Sep 30, 2024 | 1.09 Bn |
| Jun 30, 2024 | 1.02 Bn |
| Mar 31, 2024 | 817.21 Mn |
| Dec 31, 2023 | 943.94 Mn |
| Sep 30, 2023 | 860.19 Mn |
| Jun 30, 2023 | 818.55 Mn |
| Mar 31, 2023 | 763.71 Mn |
| Dec 31, 2022 | 699.77 Mn |