Nuveen Churchill Direct Lending Corp (NCDL) FinancialsNCDLNuveen Churchill Direct Lending Corp

Evaluating the bottom line, Nuveen Churchill Direct Lending Corp maintains a gross margin of 94.08%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 70.00%, while the net margin is 13.30%. These profitability ratios, combined with a Return on Equity (ROE) of 5.40%, provide a clear picture of how effectively NCDL converts its operational activities into shareholder value.

In the context of the broader market, NCDL competes directly with industry leaders such as PWRL and GAIN. With a market capitalization of $513.13M, it holds a significant position in the sector. When comparing efficiency, NCDL's gross margin of 94.08% stands against PWRL's N/A and GAIN's -587.96%. Such benchmarking helps identify whether Nuveen Churchill Direct Lending Corp is trading at a premium or discount relative to its financial performance.

The financial performance shows a concerning trend with net income decreasing from $29,451,000 in Q4 2024 to $3,594,000 in Q2 2026. Gross margins have also declined from 98.09% in Q4 2024 to 94.08% in Q2 2026, indicating pressure on profitability.