MARKETS / NYSE / NCDL
NYSE · LARGE CAP

Nuveen Churchill Direct Lending Corp. NCDL

5 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
EPS · FY25
$1.86
Dividend / sh · FY25
Payout · FY25
156%
ROE · FY25
7.1%
Net margin · FY25
Dividend coverage
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Result
Revenue, FY2025 · full 5-year series below
Revenue Net income
2.5e-105e-107.5e-101e-090.1202120242025
2.5e-105e-107.5e-101e-090.1202120242025

Per share
USD 1.86
Diluted EPS, FY2025
EPS
1231.86202120242025
1231.86202120242025

The company pays no cash dividend.

Profitability
7.1%
Return on equity, FY2025
ROE
4812167.1%202120242025
4812167.1%202120242025
Operating margin
Net margin
Return on assets3.1%

Each USD of equity produced 7 cents of profit this year.

Returned to shareholders
USD 168.0M
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 102.3M
Net buybacksUSD 65.7M
Share of profit256.0%
Consecutive raises

USD 102.3M in dividends and USD 65.7M in buybacks — 256% of the year's profit, so the payout drew on cash built up earlier.

Growth
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Net income
+56.0%
EPS, diluted
−1.6%
Returned to shareholders
+69.2%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.05B
Shares outstanding, FY2025
0.020.05202120242025
0.020.05202120242025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
USD 2.1B
total assets, end of FY2025
Total assetsUSD 2.1B
EquityUSD 875.2M
CashUSD 62.5M
Gross debtUSD 1.1B
Net debtUSD 1.1B

Net debt stands at 120% of equity.

History
5 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
Revenue $B
·
·
·
·
·
Operating income $B
·
·
·
·
·
EBITDA $B
·
·
·
·
·
Income tax $B
0.0
·
·
·
·
Net income $B
0.1
0.1
0.1
0.0
0.0
EPS, diluted $
1.86
2.26
2.52
1.95
1.58
Dividend / sh $
·
·
·
·
·
Payout %
156
82
83
201
54
ROE %
7.1
13.5
11.9
3.8
10.3
Shares out B
0.05
0.05
0.04
0.03
0.02

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
4 of 9
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 3 failures and 2 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed