Nuveen Churchill Direct Lending (NCDL) Total Debt (2022 - 2026)
Nuveen Churchill Direct Lending (NCDL) posted Total Debt of $1.1 billion for Q1 2026, up 2.04% sequentially from $1.1 billion in Q4 2025, and down 5.15% YoY from $1.2 billion in Q1 2025.
Nuveen Churchill Direct Lending (NCDL) Total Debt (2022 - 2026) Analysis & Trends
Nuveen Churchill Direct Lending has reported Total Debt for 5 years, with the latest figure at $1.1 billion in Q1 2026.
- Quarterly Total Debt fell 5.15% year-over-year to $1.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.1 billion (down 5.15% YoY) and the FY2025 annual result came in at $1.1 billion, up 0.61% from the prior year.
- Total Debt climbed to $1.1 billion in Q1 2026 per NCDL's latest filing, from $1.1 billion in the prior quarter.
- Over five years, Total Debt peaked at $1.2 billion in Q1 2025 and troughed at $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.
- The sharpest annual moves came in 2025 and 2026: Total Debt surged 46.79% in 2025, then declined 5.15% in 2026.
- Over 5 years, Total Debt stood at $699.8 million in 2022, then surged by 34.89% to $943.9 million in 2023, then grew by 17.41% to $1.1 billion in 2024, then climbed by 0.61% to $1.1 billion in 2025, then gained 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 20.62 Bn |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | 13.19 Bn |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 98.25 Mn |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | 14.71 Bn |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | 3.47 Bn |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 13.73 Bn |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | - |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 200.00 Mn |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | 4.35 Bn |
| 10 | Nuveen Churchill Direct Lending | 606.47 Mn | 565.71 Mn | - | 1.09 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.09 Bn |
| 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 |