Onex Third-Quarter Net Earnings of 97 Million Dollars, or 1.28 Dollars Per Share: Partners VI First Close Above 2 Billion Dollars in Commitments and a 4.1 Billion Dollar Fair Value for Convex
Onex Corporation, the Canadian investment firm, announced its results for the third quarter ended September 30, 2026 through GlobeNewswire on November 13, 2026, and also released supplemental financial information for Convex Group Limited. All figures below are from the body of the company's results release, and this report offers no investment advice.
Third-quarter net earnings were 97 million dollars, against 39 million dollars a year earlier, and net earnings per diluted share were 1.28 dollars, against 0.57 dollars. For the first nine months, net earnings were 357 million dollars, against 436 million dollars, and net earnings per diluted share were 4.75 dollars, against 6.25 dollars.
On a segment basis, total segment net earnings were 96 million dollars in the third quarter, against 70 million dollars, and 360 million dollars for the nine months, against 485 million dollars. Distributable earnings were 89 million dollars in the third quarter, against 111 million dollars, and 364 million dollars for the nine months, against 170 million dollars.
On business progress, chief executive Bobby Le Blanc said in the release that Onex Partners recently completed the first close of the Onex Partners VI vehicles, exceeding expectations with more than 2 billion dollars in capital commitments. The fair value of Onex's investment in Convex was 4.1 billion dollars as of September 30, 2026, and the release said Convex has delivered strong results year to date and over the last twelve months, growing premiums, improving its combined ratio and increasing net income.
The board declared a fourth-quarter dividend of 0.10 Canadian dollars per Subordinate Voting Share, payable on January 31, 2027 to shareholders of record on January 8, 2027. Management hosted a webcast to review the results on November 13, 2026 at 11:00 a.m. Eastern time.
Source: Onex Corporation
Published by GSM · USA (original Chinese edition)
Photo: Onex 总部所在的多伦多 Brookfield Place（TD Canada Trust Tower）。／Brookfield Place (TD Canada Trust Tower) in Toronto, home to the head office of Onex.（Ken Lund，CC BY-SA 2.0，Wikimedia Commons）
