Business
Onex Reports First Quarter 2025 Results
A l l a m o u nts i n U . S . d o l ...
About this update from Onex Corporation
[{"type":"text","content":"Onex Reports First Quarter 2025 Results\n\n\n\n\n A\n \n\n l\n \n\n l\n \n\n a\n \n\n m\n \n\n o\n \n\n u\n \n\n nts\n \n\n i\n \n\n n U\n \n\n .\n \n\n S\n \n\n .\n \n\n d\n \n\n o\n \n\n l\n \n\n l\n \n\n ars u\n \n\n n\n \n\n l\n \n\n e\n \n\n s\n \n\n s\n \n\n o\n \n\n t\n \n\n h\n \n\n e\n \n\n r\n \n\n w\n \n\n i\n \n\n s\n \n\n e\n \n\n sta\n \n\n t\n \n\n ed\n \n\n\n TORONTO, May 09, 2025 (GLOBE NEWSWIRE) -- Onex Corporation (TSX: ONEX) today announced its financial results for the first quarter ended March 31, 2025.\n \n\n “Onex continues to make progress and is benefitting from recent operational enhancements and a focus on areas where we have a proven right to compete,” said Bobby Le Blanc, CEO and President. “Our Private Equity and Credit teams have raised an aggregate of $2.5 billion in fee-generating capital since the start of the year, and our teams continue to advance their near- and long-term value creation plans. Our debt-free balance sheet includes $1.6 billion of liquidity, providing additional security and flexibility, including for ongoing share repurchases.”\n \n\n\n\n\n\n Financial Results\n \n\n\n\n ($ millions except per share amounts)\n \n\n\n\n Quarter Ended March 31\n \n\n\n\n\n\n\n\n 2025\n \n\n\n\n\n\n\n\n 2024\n \n\n\n\n\n\n Net earnings\n \n\n\n $\n \n\n\n\n 168\n \n\n\n\n\n $\n \n\n 10\n \n\n\n\n\n\n Net earnings per diluted share\n \n\n\n $\n \n\n\n\n 2.36\n \n\n\n\n\n $\n \n\n 0.13\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Investing segment net earnings\n \n\n\n $\n \n\n\n\n 123\n \n\n\n\n\n $\n \n\n 54\n \n\n\n\n\n\n Asset management segment net earnings (loss)\n \n\n\n\n\n 25\n \n\n\n\n\n\n\n (26\n \n\n )\n \n\n\n\n Total segment net earnings\n \n (\n \n\n 1\n \n\n )\n \n\n\n\n $\n \n\n\n\n 148\n \n\n\n\n\n $\n \n\n 28\n \n\n\n\n\n\n Total segment net earnings per fully diluted share\n \n (\n \n\n 2\n \n\n )\n \n\n\n\n $\n \n\n\n\n 2.05\n \n\n\n\n\n $\n \n\n 0.33\n \n\n\n\n\n\n Asset management fee-related earnings (loss)\n \n (\n \n\n 3\n \n\n )\n \n\n\n\n $\n \n\n\n\n 11\n \n\n\n\n\n $\n \n\n (4\n \n\n )\n \n\n\n\n Total fee-related earnings (loss)\n \n (\n \n\n 4\n \n\n )\n \n\n\n\n $\n \n\n\n\n 2\n \n\n\n\n\n $\n \n\n (12\n \n\n )\n \n\n\n\n Distributable earnings\n \n (\n \n\n 5\n \n\n )\n \n\n\n\n $\n \n\n\n\n 38\n \n\n\n\n\n $\n \n\n 45\n \n\n\n\n\n\n\n\n\...