Nuveen Churchill Direct Lending Growth Metrics (2022-2025) | NCDL

Growth Metrics Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Growth Ratios
Assets Growth (1y) 38.03%42.03%47.61%39.09%23.85%15.84%-0.41%-4.57%
Assets (QoQ) 5.31%6.86%9.04%12.49%8.36%11.06%2.74%0.17%1.35%-4.52%-1.54%
Cash & Equivalents Growth (1y) 112.35%7.24%-8.83%283.54%6.47%91.47%82.69%-39.40%-6.81%-34.98%-32.73%
Cash & Equivalents Growth (3y) 28.20%10.11%3.86%
Cash & Equivalents (QoQ) 41.21%13.81%-53.16%182.09%-28.68%-3.25%97.06%-21.70%28.26%-7.69%-34.63%20.41%-10.51%-4.50%
Cash from Operations Growth (1y) 40.87%49.55%-1.44%-52.62%-137.56%-113.23%63.03%108.90%90.97%180.98%188.13%
Cash from Operations Growth (3y) 49.76%42.13%32.58%
Cash from Operations (QoQ) -126.70%28.42%21.68%53.47%-93.42%-43.94%-17.83%27.58%-73.60%75.04%128.36%-173.48%1,657.05%-72.84%
Dividends Paid - Common Growth (1y) 75.21%140.63%66.51%56.97%53.31%12.71%79.57%66.52%52.43%31.51%-16.02%
Dividends Paid - Common Growth (3y) 59.98%52.79%35.92%
Dividends Paid - Common (QoQ) 10.12%12.04%20.04%18.31%51.23%-22.48%13.16%15.55%11.18%23.51%4.94%5.77%-4.08%-21.12%
Enterprise Value Growth (1y) -112.35%-7.24%8.83%-283.54%-6.47%-91.47%-82.69%39.40%-8.70%7.13%15.04%
Enterprise Value Growth (3y) -34.94%-24.01%-12.27%
Enterprise Value (QoQ) -41.21%-13.81%53.16%-182.09%28.68%3.25%-97.06%21.70%-28.26%7.69%34.63%-40.45%-9.58%15.55%
EPS (Basic) Growth (1y) 40.91%38.64%21.57%19.64%-9.68%-6.56%-6.45%-17.91%-5.36%-19.30%-25.86%
EPS (Basic) Growth (3y) 6.40%1.49%-5.53%
EPS (Basic) (QoQ) 0.00%15.91%9.80%10.71%-1.61%1.64%8.06%-16.42%1.79%1.75%-5.17%-3.64%-13.21%-6.52%
EPS (Weighted Average and Diluted) Growth (1y) 40.91%38.64%21.57%19.64%-9.68%-6.56%-6.45%-17.91%-5.36%-19.30%-25.86%
EPS (Weighted Average and Diluted) Growth (3y) 6.40%1.49%-5.53%
EPS (Weighted Average and Diluted) (QoQ) 0.00%15.91%9.80%10.71%-1.61%1.64%8.06%-16.42%1.79%1.75%-5.17%-3.64%-13.21%-6.52%
FCF Margin Growth (1y) 37,024.0074,234.0022,480.002,653.00-6816.00-9335.0020,374.0029,620.0017,264.0056,555.0014,301.00
FCF Margin Growth (3y) 47,473.00121,454.0057,156.00
FCF Margin (QoQ) -46525.0045,775.0019,694.0018,080.00-9316.00-5978.00-134.008,612.00-11835.0023,731.009,112.00-3744.0027,456.00-18523.00
FCF Payout Ratio Growth (1y) -196.31%-376.97%-64.13%-2.85%35.47%47.14%-385.70%1,971.34%-1,588.25%262.41%195.29%
FCF Payout Ratio Growth (3y) -218.41%82.66%112.51%
FCF Payout Ratio (QoQ) 51.43%-56.51%-53.27%-154.30%21.81%46.14%3.96%-59.56%35.96%-394.91%470.03%-243.95%106.16%190.38%
Free Cash Flow Growth (1y) 40.87%49.55%-1.44%-52.62%-137.56%-113.23%63.03%108.90%90.97%180.98%188.13%
Free Cash Flow Growth (3y) 49.76%42.13%32.58%
Free Cash Flow (QoQ) -126.70%28.42%21.68%53.47%-93.42%-43.94%-17.83%27.58%-73.60%75.04%128.36%-173.48%1,657.05%-72.84%
Net Cash Flow Growth (1y) 186.95%-142.83%-308.24%1,689.52%-131.55%266.02%82.25%-182.90%280.79%-175.58%238.23%
Net Cash Flow Growth (3y) 35.65%-36.39%-20.06%
Net Cash Flow (QoQ) 181.23%-52.69%-61.42%486.45%-140.01%-130.02%431.58%-110.34%310.53%-124.59%-1,448.75%122.55%-188.01%144.97%
Profit After Tax Growth (1y) 95.22%92.19%74.36%81.86%69.06%65.76%69.21%16.50%-8.57%-26.29%-41.64%
Profit After Tax Growth (3y) 44.51%32.92%19.86%
Profit After Tax (QoQ) 6.99%27.61%14.61%24.76%5.33%15.76%19.54%15.99%3.28%18.17%-17.70%-8.97%-16.74%-6.43%
Revenue Growth (1y) 140.19%125.39%84.72%67.33%51.93%48.48%44.40%16.60%3.86%-3.55%-15.22%
Revenue Growth (3y) 55.91%47.79%31.26%
Revenue (QoQ) 16.42%37.29%29.44%16.09%9.25%12.52%17.25%5.41%6.77%9.42%-5.32%-6.11%-0.85%-3.81%
Shareholder's Equity Growth (1y) 28.53%30.94%35.72%42.47%92.88%76.93%55.03%29.74%-7.84%-10.00%-11.02%
Shareholder's Equity Growth (3y) 31.71%27.75%23.25%
Shareholder's Equity (QoQ) 5.74%10.57%11.51%-1.41%7.72%14.61%17.05%33.47%-1.19%0.43%-2.05%-5.18%-3.51%-0.70%
Total Debt Growth (1y) 34.89%7.01%24.70%27.23%17.41%46.79%9.22%1.02%
Total Debt (QoQ) 9.14%7.18%5.09%9.74%-13.42%24.90%7.22%1.26%8.24%-7.06%-0.82%