Nuveen Churchill Direct Lending Corp. (NCDL)
US Markets · Financial Services · Asset Management
Closing price as of 2026-07-29 · Source: TEK2day Finance
Key Metrics
About Nuveen Churchill Direct Lending Corp.
Nuveen Churchill Direct Lending Corp. (the Company) is business development company and was formed on March 13, 2018, as a limited liability company under the laws of the State of Delaware and was converted into a Maryland corporation on June 18, 2019 prior to the commencement of operations. The Company is a closed-end, externally managed, non-diversified management investment company that has elected to be regulated as a business development company (BDC) under the Investment Company Act of 1940, as amended (the 1940 Act). The Company's investment objective is to generate attractive risk-adjusted returns primarily through current income by investing primarily in senior secured loans to private equity-owned U.S. middle market companies, which the Company defines as companies with approximately $10.0 million to $100.0 million of earnings before interest, taxes, depreciation and amortization (EBITDA). The Company will focus on privately originated debt to performing U.S. middle market companies, with a portfolio expected to comprise primarily of first-lien senior secured debt and unitranche loans (other than last-out positions in unitranche loans) (collectively Senior Loans). The Company will also opportunistically invest in junior capital opportunities (second-lien loans, subordinated debt, last-out positions in unitranche loans and equity-related securities) (collectively Junior Capital Investments).
Quarterly Financials
| Metric | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 |
|---|---|---|---|---|
| Revenue | 18.9M | 21.6M | 19.7M | 12.5M |
| Net Income | 16.0M | 18.7M | 15.9M | 8.7M |
| Diluted EPS | $0.32 | $0.38 | $0.32 | $0.18 |
Annual Financials
| Metric | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Revenue | 23.4M | 86.0M | 111.4M | 76.6M |
| Net Income | 17.3M | 75.9M | 116.3M | 65.6M |
| Diluted EPS | $0.32 | $1.39 | $2.15 | $1.30 |