Onex reports US$97M third-quarter profit, up from a year ago

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Onex Corp. reported a third-quarter profit of US$97 million, up from US$39 million in the same quarter last year.

TORONTO — Onex Corp. reported a third-quarter profit of US$97 million, up from US$39 million in the same quarter last year.

The Toronto-based private equity firm, which keeps its book in U.S. dollars, says the profit amounted to US$1.28 per diluted share for the quarter ended Sept. 30.

The result compared with a profit of 57 cents US per share in the third quarter of 2025.

Onex CEO Bobby Le Blanc says the company delivered a solid third quarter with significant achievements across its platforms.

Onex says it had about US$9.6 billion of investing capital as of Sep. 30, up from US$9.5 billion at June 30 and US$8.7 billion at the end of 2025.

Earlier this year, Onex completed its deal to buy Convex Group Ltd., a specialty property and casualty insurance and reinsurance business, in partnership with American International Group Inc.

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