Nuveen Churchill Direct Lending Corp.

NCDL Clue Score57
United States Fiscal year ends December CIK 0001737924
$10.81 -0.73% Close, 9 Oct 2026
Price $10.81 −18.78% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 25 Jan 2024. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
Net income
Fiscal year 2021Net income27.3EPS, diluted1.58Fiscal year 2022Net income17.3 −36.6%EPS, diluted1.95Fiscal year 2023Net income75.9 +339.3%EPS, diluted2.52Fiscal year 2024Net income116.3 +53.2%EPS, diluted2.26Fiscal year 2025Net income65.6 −43.6%EPS, diluted1.86
FY2021FY2022FY2023FY2024FY2025
Net income 27.3 17.3 75.9 116.3 65.6
Growth −36.6% +339.3% +53.2% −43.6%
EPS, diluted 1.58 1.95 2.52 2.26 1.86

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2021Operating cash flow−389.1Dividends paid−14.7Fiscal year 2022Operating cash flow−427.8Buybacks0.0Dividends paid−34.7Fiscal year 2023Operating cash flow−369.5Buybacks0.0Dividends paid−63.2Fiscal year 2024Operating cash flow−297.2Buybacks−33.5Dividends paid−95.2Fiscal year 2025Operating cash flow194.2Buybacks−65.7Dividends paid−102.3
FY2021FY2022FY2023FY2024FY2025
Operating cash flow −389.1 −427.8 −369.5 −297.2 194.2
Buybacks n/a 0.0 0.0 −33.5 −65.7
Dividends paid −14.7 −34.7 −63.2 −95.2 −102.3

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2021Cash35.2Shareholders’ equity374.1Fiscal year 2022Cash39.3Total debt705.4Net cash (debt)−666.2Shareholders’ equity525.0Debt to equity1.34Fiscal year 2023Cash67.4Total debt951.9Net cash (debt)−884.5Shareholders’ equity747.9Debt to equity1.27Fiscal year 2024Cash43.3Total debt1,114.9Net cash (debt)−1,071.7Shareholders’ equity970.3Debt to equity1.15Fiscal year 2025Cash62.5Total debt1,114.1Net cash (debt)−1,051.6Shareholders’ equity875.2Debt to equity1.27
FY2021FY2022FY2023FY2024FY2025
Cash 35.2 39.3 67.4 43.3 62.5
Total debt n/a 705.4 951.9 1,114.9 1,114.1
Net cash (debt) n/a −666.2 −884.5 −1,071.7 −1,051.6
Shareholders’ equity 374.1 525.0 747.9 970.3 875.2
Debt to equity n/a 1.34 1.27 1.15 1.27

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2021 31 Dec 2021 FY2022† 31 Dec 2022 FY2023 31 Dec 2023 FY2024† 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
n/a n/a n/a n/a 0.8
27.3 17.3 75.9 116.3 65.6
Growth −36.6% +339.3% +53.2% −43.6%
Per share
1.58 1.95 2.52 2.26 1.86
1.58 1.95 2.52 2.26 1.86
Growth +23.4% +29.2% −10.3% −17.7%
12,849 23.3 33.4 54.1 50.3
12,849 23.3 33.4 54.1 50.3
Growth −99.8% +43.4% +62.1% −7.1%

† The diluted share count jumps at 2022 and 2024, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Five years in brief

Worked out from the figures above, not from a press release
  • Profitable in every one of the 5 years on file.