Companies: 10,795·Total market cap: $144.5T
Nuveen Churchill Direct Lending Corp.

Nuveen Churchill Direct Lending Corp.

NCDLNYSEFinancial Services● Active
$12.75
$-0.02(-0.16%)
Market Cap$629685079
P/E Ratio
52W High$17.27
52W Low$12.425

Nuveen Churchill Direct Lending Corp. (NCDL) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

NCDL · net income · updated Jun 8, 2026

Core profitability metrics

Net income was $65.6M for FY2025 (fiscal year ending 2025-12-31), down 43.6% year-over-year. Net profit margin was 32.5%. Based on available data, Nuveen Churchill Direct Lending Corp. has been profitable since at least 2018.

FY2025 Net Income$65.6M▼ -43.6% YoY
Trailing 12M (TTM)$59.3Mtrailing 4 quarters sum
Net Profit Margin32.5%$65.6M ÷ $201.8M
YoY Change-43.6%
5-Year CAGR+98.2%FY2020 → FY2025
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2018

▸ FMP /income-statement · Annual · NCDL net income history · NCDL profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2025$65.6M▼ 43.6%32.5%
FY2024$116.3M▲ +53.2%62.5%
FY2023$75.9M▲ +339.3%52.7%
FY2022$17.3M▼ 36.6%36.9%
FY2021$27.3M▲ +1171.1%69.5%

Net income vs peers (Financial Services)

#CompanyNet IncomeYoY
#1
Nuveen Churchill Direct Lending Corp.
Nuveen Churchill Direct Lending Corp.YOU
NCDL
$65.6M-43.6%
#2
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-B
$66.97B-24.8%
#3
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-A
$66.97B-24.8%
#4
JPMorgan Chase & Co.
JPMorgan Chase & Co.
JPM
$57.05B-2.4%
#5
Visa Inc.
Visa Inc.
V
$20.06B+1.6%
#6
Mastercard Incorporated
Mastercard Incorporated
MA
$14.97B+16.3%
Financial Services · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Nuveen Churchill Direct Lending Corp. (NCDL) reported net income of $65.6M for FY2025 (fiscal year ending 2025-12-31), down 43.6% year-over-year. The net profit margin was 32.5% — meaning the company kept $0.33 of every dollar of revenue as profit.

Based on available data, Nuveen Churchill Direct Lending Corp. has been profitable since at least 2018. Net income reached a peak of $116.3M in FY2024. Data available for 8 fiscal years.

Nuveen Churchill Direct Lending Corp.'s net profit margin was 32.5% for FY2025, based on the latest annual results.

Investors sometimes search for "Nuveen Churchill Direct Lending Corp. net worth" — the company's market capitalization is a separate figure from NCDL net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Frequently asked questions

NCDL net income · 5 questions

Nuveen Churchill Direct Lending Corp. is profitable. The company reported net income of $65.6M for FY2025, a net profit margin of 32.5%. Net income was down 43.6% year-over-year. Based on available data, Nuveen Churchill Direct Lending Corp. has been profitable since at least 2018.

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Source: FMP /income-statement · GAAP · Nuveen Churchill Direct Lending Corp. · Nuveen Churchill Direct Lending Corp. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026