Nuveen Churchill Direct Lending Corp. (NCDL) vs New Mountain Finance Corporation (NMFC)

Nuveen Churchill Direct Lending Corp. and New Mountain Finance Corporation are both Asset Management companies. New Mountain Finance Corporation is the larger, with a market value of $662.1M against $578.3M — 1.1× the size. New Mountain Finance Corporation has negative trailing earnings, so its P/E is not meaningful; Nuveen Churchill Direct Lending Corp. trades at 12.3×. Nuveen Churchill Direct Lending Corp. grew revenue faster over the last twelve months: −14.4% against −60.6%. Nuveen Churchill Direct Lending Corp. has the higher net margin (24.4% vs −41.1%) and the higher return on invested capital (12.1% vs −1.29%). Across the 19 metrics below, Nuveen Churchill Direct Lending Corp. leads on 13 and New Mountain Finance Corporation on 6.