TORONTO – Onex Corp. reported a fourth-quarter profit of US$181 million compared with a loss in the same quarter a year earlier.
The private equity firm, which keeps its books in U.S. dollars, says the profit amounted to US$2.64 per diluted share for the quarter ended Dec. 31.
The result compared with a loss of US$2 million or two cents US per diluted share in the fourth quarter of 2024.
Onex said it had about US$8.7 billion in investing capital at Dec. 31.
Earlier this month, 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.
Onex chief executive Bobby Le Blanc called the deal a “pivotal moment” for the company.
This report by The Canadian Press was first published Feb. 20, 2026.
Companies in this story: (TSX:ONEX)
