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

Nuveen Churchill Direct Lending Corp.

NCDLNYSEFinancial Services● Active
$12.77
$0.00(-0.23%)
Market Cap$630672820
P/E Ratio
52W High$17.27
52W Low$12.425

Nuveen Churchill Direct Lending Corp. (NCDL) Shares Outstanding — Overview

Basic and diluted weighted average shares, YoY change, float context, and historical trend from SEC filings and FMP.

NCDL · shares outstanding · updated Jun 8, 2026

Key metrics

Basic Shares Outstanding · Weighted average · fiscal year
50.3M -7.08% YoY Change
FY · as of Dec 31, 2025 · Reported in USD
vs 54.1M in FY 2024
Diluted Shares Outstanding
50.3M
incl. options, RSUs, convertibles
Dilution Spread
+0.00%
Diluted vs Basic
YoY Change
-7.08%
year-over-year
Float (Free Float)
42.2M
publicly tradable shares
85.5% of total
Source: FMP /income-statement · /shares-float · SEC 10-K / 10-QUpdated: 2026-06-08

Shares Outstanding Growth Rate

3-Year CAGRincreasing
+29.3%
2022 → 2025
5-Year CAGRincreasing
+58.9%
2020 → 2025
10-Year CAGR

Negative CAGR typically indicates share buyback or retirement activity. Interpret alongside Splits and Financials tabs. Splits / Financials

Shares outstanding history

↓ Decrease — typically buyback / retirement
↑ Increase — issuance / equity compensation
Latest
* most recent reported · FMP /income-statement · weightedAverageShsOut

Annual shares outstanding by year

FY 2025Latest
Diluted Shares: 50.3M
50.3M
-7.08%
FY 2024
Diluted Shares: 54.1M
54.1M
+62.10%
FY 2023
Diluted Shares: 33.4M
33.4M
+43.41%
FY 2022
Diluted Shares: 23.3M
23.3M
+81.17%
FY 2021
Diluted Shares: 12.8M
12.8M
+158.81%
FMP /income-statement · weightedAverageShsOut · weightedAverageShsOutDilUnit: Billions (B)

Financial Services sector shares outstanding comparison

Shares Outstanding for similar companies or competitors in the Financial Services sector.

#SymbolCompanyShares (Basic)vs NCDL
#1
Bank of America CorporationBAC
Bank of America Corporation
7.365B+>999%
#2
JPMorgan Chase & Co.JPM
JPMorgan Chase & Co.
2.789B+>999%
#3
Berkshire Hathaway Inc.BRK-B
Berkshire Hathaway Inc.
2.157B+>999%
#4
Visa Inc.V
Visa Inc.
1.942B+>999%
#5
Mastercard IncorporatedMA
Mastercard Incorporated
897.0M+>999%
#6
Nuveen Churchill Direct Lending Corp.NCDL
Nuveen Churchill Direct Lending Corp.YOU
50.3M
#7
Berkshire Hathaway Inc.BRK-A
Berkshire Hathaway Inc.
1.4M-97.1%

/company-screener · per-peer /income-statement · cache 86400s

Understanding Shares Outstanding

What Are Shares Outstanding? (Basic)

Nuveen Churchill Direct Lending Corp. (NCDL) shares outstanding is the total number of issued shares held by shareholders — the basis for Basic EPS and market capitalization. As of December 31, 2025, Nuveen Churchill Direct Lending Corp. reports 50.3M basic shares outstanding (weighted average).

Basic vs. Diluted Shares Outstanding

Nuveen Churchill Direct Lending Corp.'s basic shares outstanding (50.3M) represents currently issued shares. Diluted shares outstanding (50.3M) also includes potential shares from stock options, RSUs, and convertibles. Dilution spread: +0.00%.

Shares Outstanding vs. Float (Free Float)

Nuveen Churchill Direct Lending Corp.'s float is 42.2M (85.5% of total shares outstanding) — shares freely available for public trading, excluding insider-held and restricted shares.

Float42.2M(85.5%)
Outstanding49.4M

Float data from /shares-float reflects the most recent SEC filing period-end. The weighted average shares (from /income-statement) may differ — this is a normal reporting window difference, not a data error.

FMP /income-statement · /shares-float · SEC EDGAR · USD

About shares outstanding & methodology

Nuveen Churchill Direct Lending Corp. (NCDL) shares outstanding history from 2018 to 2025. Shares outstanding can be defined as the total number of shares held by all shareholders — including institutional investors, retail investors, and company insiders — assuming conversion of all convertible debt, securities, warrants, and options. This metric excludes the company's treasury shares.

Nuveen Churchill Direct Lending Corp. shares outstanding for the fiscal year ending December 31, 2025 were 50.3M, a 7.08% decline year-over-year. Nuveen Churchill Direct Lending Corp. FY 2025 shares outstanding were 50.3M, a -7.08% decline from FY 2024.

Nuveen Churchill Direct Lending Corp. is a leading company operating in the Financial Services sector. The company's share count trajectory — with a 10-year CAGR of — — is a key signal for investors evaluating capital return policy, EPS accretion, and long-term shareholder value creation.

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

Frequently asked questions

NCDL shares outstanding · 4 questions

As of December 31, 2025, Nuveen Churchill Direct Lending Corp. (NCDL) has approximately 50.3M basic shares outstanding and 50.3M diluted shares outstanding. This represents a -7.08% year-over-year change from FY 2024 (54.1M). Nuveen Churchill Direct Lending Corp.'s declining share count is primarily driven by its share buyback program. For the complete historical data table, see the history table above.

NCDL shares outstandinghow many shares does NCDL haveNCDL basic shares 2025NCDL diluted shares

Data: FMP /income-statement · /shares-float · SEC EDGAR · weighted average basis · Nuveen Churchill Direct Lending Corp. SEC 10-K & 10-Q filings · US GAAP · Last updated: 2026-06-08