Onex Reports Third Quarter 2026 Results
Key Highlights
- ➤Q3 net earnings $97 million, up from $39 million year over year
- ➤Convex gross premiums written increased 20% year over year to $1.396 billion
- ➤Convex twelve-month adjusted net income rose 13% to $659 million
- ➤Onex Partners VI first close exceeded $2 billion in capital commitments
- ➤Onex repurchased 808,012 shares for $64 million during Q3
Expert Statements
Bobby Le Blanc, CEO of Onex Corporation
“Onex delivered a solid third quarter with significant achievements across our platforms”
Bobby Le Blanc, CEO of Onex Corporation
“Convex has delivered strong results year to date and over the last twelve months, growing premiums written and earned, improving its combined ratio, and increasing net income.”
Bobby Le Blanc, CEO of Onex Corporation
“Onex Partners recently completed the first close of Onex Partners VI vehicles, exceeding expectations with more than $2 billion in capital commitments.”
Bobby Le Blanc, CEO of Onex Corporation
“In Credit, we raised or extended $3.5 billion of CLOs and produced quarterly fee-related earnings of $20 million in Structured Credit.”
Bobby Le Blanc, CEO of Onex Corporation
“Further, we returned capital to shareholders through the repurchase of more than 800,000 shares in the quarter.”
TORONTO, Nov. 13, 2026 (GLOBE NEWSWIRE) -- Onex Corporation (TSX: ONEX) today announced its financial results for the third quarter ended September 30, 2026. Onex also released supplemental financial information for Convex Group Limited (“Convex”).
“Onex delivered a solid third quarter with significant achievements across our platforms,” said Bobby Le Blanc, CEO. “Convex has delivered strong results year to date and over the last twelve months, growing premiums written and earned, improving its combined ratio, and increasing net income. Onex Partners recently completed the first close of Onex Partners VI vehicles, exceeding expectations with more than $2 billion in capital commitments. In Credit, we raised or extended $3.5 billion of CLOs and produced quarterly fee-related earnings of $20 million in Structured Credit. Further, we returned capital to shareholders through the repurchase of more than 800,000 shares in the quarter.”
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