Nuveen Churchill Direct Lending (NCDL) Total Liabilities (2022 - 2026)

Nuveen Churchill Direct Lending (NCDL) reported Total Liabilities of $1.2 billion for Q1 2026, down 5.43% on a YoY basis from $1.3 billion in Q1 2025, and little changed sequentially from $1.2 billion in Q4 2025.

Nuveen Churchill Direct Lending (NCDL) Total Liabilities (2022 - 2026) Analysis & Trends

Nuveen Churchill Direct Lending (NCDL) has 5 years of Total Liabilities data on file, last reported at $1.2 billion in Q1 2026.

  • For the quarter ending Q1 2026, Total Liabilities fell 5.43% year-over-year to $1.2 billion; the trailing twelve-month figure through Mar 2026 stood at $1.2 billion (down 5.43% YoY), and the FY2025 full-year result was $1.2 billion, up 0.5% from the prior year.
  • Total Liabilities steadied at $1.2 billion in Q1 2026, from $1.2 billion in the prior quarter.
  • In the past five years, Total Liabilities ranged from a high of $1.3 billion in Q1 2025 to a low of $729.0 million in Q4 2022.
  • A 5-year average of $1.0 billion and a median of $1.1 billion in 2024 frame the typical range for Total Liabilities.
  • Across the five-year window, Total Liabilities jumped 42.78% in 2025 and fell 5.43% in 2026, its largest moves.
  • Tracing NCDL's Total Liabilities over 5 years: stood at $729.0 million in 2022, then surged by 34.84% to $983.0 million in 2023, then climbed by 19.37% to $1.2 billion in 2024, then climbed by 0.5% to $1.2 billion in 2025, then advanced by 0.45% to $1.2 billion in 2026.
  • Business Quant data shows NCDL's Total Liabilities at $1.2 billion in Q1 2026, $1.2 billion in Q4 2025, and $1.2 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Liabilities (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - 106.92 Bn
3 Blackstone 97.77 Bn 96.72 Bn - 26.91 Bn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 428.00 Bn
5 State Street 51.30 Bn 51.30 Bn - 364.42 Bn
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 178.24 Bn
7 Northern Trust 32.93 Bn 32.93 Bn - 161.59 Bn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 79.33 Bn
9 Price T Rowe 24.70 Bn 21.13 Bn - 2.52 Bn
10 Nuveen Churchill Direct Lending 598.08 Mn 595.34 Mn - 1.18 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.18 Bn
Dec 31, 2025 1.18 Bn
Sep 30, 2025 1.16 Bn
Jun 30, 2025 1.19 Bn
Mar 31, 2025 1.25 Bn
Dec 31, 2024 1.17 Bn
Sep 30, 2024 1.15 Bn
Jun 30, 2024 1.10 Bn
Mar 31, 2024 877.25 Mn
Dec 31, 2023 982.98 Mn
Sep 30, 2023 899.70 Mn
Jun 30, 2023 853.57 Mn
Mar 31, 2023 802.94 Mn
Dec 31, 2022 729.00 Mn