profit from every $100 of sales.
$0$100
Nuveen Churchill Direct Lending
$11.87-0.34% today
-17.6% in 1 year
1-year low $10.391-year high $14.89
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $8.88 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Nuveen Churchill Direct Lending sold, what it kept, and what it did with the cash.
Sales went from $23.4 million in 2022 to $76.6 million in 2025, with $65.6 million of profit last year.
SalesProfit
Nuveen Churchill Direct Lending handed back 87% of the cash it generated last year.
Buybacks $66M$102M
Free cash flow 2025$194M
Bought back its own shares$66M
Paid as dividends$102M
Cash vs. debt$62M vs. $1.1B
Nuveen Churchill Direct Lending vs. similar companies
Nuveen Churchill Direct Lending grows the fastest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Nuveen Churchill Direct Lending | 8.9× · Cheap | ||
 BlackRock | 34.1× · Expensive | ||
 Blackstone | 49.9× · Expensive | ||
 Investor | 8.5× · Cheap | ||
 Brookfield | 71.8× · Very expensive |
AI analysis
An AI analyst reads Nuveen Churchill Direct Lending's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 23 | 86 | 111 | 77 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 17 | 76 | 116 | 66 | |
| 0.32 | 1.39 | 2.15 | 1.30 | |
| – | – | – | – | |
| – | – | – | – | |
| 73.9% | 88.3% | 104.4% | 85.6% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,254 | 1,731 | 2,144 | 2,054 |
| Cash | 39 | 67 | 43 | 62 |
| Total debt | 700 | 944 | 1,108 | 1,115 |
| Total liabilities | 729 | 983 | 1,173 | 1,179 |
| 525 | 748 | 970 | 875 | |
| 55 | 55 | 54 | 50 | |
| – | – | – | – | |
| 3.3% | 10.2% | 12.0% | 7.5% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -428 | -370 | -297 | 194 | |
| – | – | – | – | |
| -428 | -370 | -297 | 194 | |
| Dividends paid | 35 | 63 | 95 | 102 |
| 0 | 0 | 34 | 66 | |
| – | – | – | – |
Valuation
- 8.9×
- –
- 0.15
- 0.8×
- 7.6×
- 3.0×
- –
- 33.3%
- 11.3%
- 10.2%
Profitability
- 60.8%
- 49.1%
- 85.6%
- 49.1%
- 3.8%
- 3.7%
- 6.8%
- 2.9%
- 3.8%
- –
Growth
- +48.5%
- +60.3%
- +42.3%
- –
- +40.7%
Financial health
- 14.5×
- 1.32
- 55.5%
- 1.1×
- –
- –
- 0.08
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 46%of 749
Top 17%of 604
Top 21%of 872
Top 10%of 883
Top 5%of 931
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 7, 2026 | 0.41 | 0.42 | −3.2% |
| Feb 26, 2026 | 0.44 | 0.43 | +2.3% |
| Nov 4, 2025 | 0.43 | 0.46 | −6.5% |
| Aug 6, 2025 | 0.46 | 0.46 | +0.0% |
| May 8, 2025 | 0.53 | 0.57 | −7.0% |
| Feb 27, 2025 | 0.56 | 0.59 | −5.1% |
| Nov 7, 2024 | 0.58 | 0.59 | −1.7% |
| Aug 7, 2024 | 0.57 | 0.58 | −1.7% |
10.2%of the share price, paid each year
On $1,000 invested$102a year at today's yield, before tax
–per share
Raised–not every year
Paid per share, each year
$2.10 in 2024 → $1.90 in 2025
How safe it looks
155.8% of its profit
Room to growStretchedMore than it earns: 52.7%
News
SPDR Nuveen Barclays Short Term Municipal Bond ETF declares monthly distribution of $0.1082Seeking Alpha · Nov 2, 2026Nuveen Core Plus Impact Fund declares $0.0895 dividendSeeking Alpha · Oct 6, 2026Nuveen Real Asset Income and Growth Fund declares $0.1335 dividendSeeking Alpha · Oct 6, 2026Nuveen New York AMT-Free Quality Municipal Income Fund declares $0.0655 dividendSeeking Alpha · Oct 6, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
3/7Passes 3 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
55No pass
Benjamin Graham
77Pass
Philip Fisher
79Pass
Peter Lynch
98Pass
Joel Greenblatt
27No pass
Charlie Munger
47No pass
Terry Smith
56No pass
Questions about Nuveen Churchill Direct Lending
Is Nuveen Churchill Direct Lending a good stock to buy?
A business with weak numbers, and the price looks low. 3 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Nuveen Churchill Direct Lending AI analysis
What does Nuveen Churchill Direct Lending do?
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. It is in Asset Management.
Does Nuveen Churchill Direct Lending pay a dividend?
Yes. At today's price the dividend is 10.2% a year, about 156% of its yearly profit. In 2025 it paid out $102 million in dividends.
Is Nuveen Churchill Direct Lending stock halal?
No. Nuveen Churchill Direct Lending does not pass our halal screen: its debt is 191% of its market value, at or above the 33% limit. How we check
How has Nuveen Churchill Direct Lending stock done over the past year?
Down 17.6% over the past twelve months, to $11.87. It traded between $10.39 and $14.89 and is 20.3% below its high.
Who are Nuveen Churchill Direct Lending's competitors?
The largest listed companies in the same industry are BlackRock, Blackstone, Investor and Brookfield. The peers table on this page compares their profit, growth and price with Nuveen Churchill Direct Lending's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.