Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Join Canadian Insider Club or Club Ultra to Keep Your Edge

Times are changing, ad revenues are plunging, and Canadian data costs have jumped.

Starting this summer, we will be limiting Canadian company page views to 10 per month for non-members.

Canadian Insider Club members will continue to get Google ad-free and unlimited access to canadianinsider.com.

Join the club to keep your edge! For a limited time, use coupon code SAVE99 to save $99* off a Canadian Insider Club Membership.

*Save $99 on the first year of a new Canadian Insider Club or Canadian Insider Club Ultra membership. Subsequent auto-renewals will be at the standard rate unless canceled. Limited time offer.

Onex Corporation (T:ONEX)

Business Focus: Private Equity

Sector:  Financials Industry:  Investment Management & Fund Operators
 
See Regulatory Filings on SEDAR
Company Contact
Address: 161 Bay Street,
P O Box 700
TORONTO ON M5J 2S1
Tel: N/A
Website: www.onex.com
IR: See website
Key People
Gerald W. Schwartz
Chairman of the Board, President, Chief Executive Officer
Sam Camens
Managing Director - Health and Benefits
Christopher A. Govan
Chief Financial Officer
Andrea E. Daly
Managing Director and General Counsel
Ewout R. Heersink
Senior Managing Director, Director
Robert M. Le Blanc
Senior Managing Director
Seth M. Mersky
Senior Managing Director
Anthony Munk
Senior Managing Director
Emma Thompson
Managing Director and Head of Investor Relations and Fund Development
Nehal Abdel Hakim
Managing Director - Capital Markets
   
Business Overview
Onex Corp is a Canada-based private equity company. Its segments include Electronics Manufacturing Services, including Celestica Inc. that provides electronics manufacturing services; Healthcare Imaging, including Carestream Health, Inc. that provides healthcare information technology solutions; Health and Human Services, including Res-Care, Inc. that provides residential, educational and support services; Building Products, including JELD-WEN Holding, Inc. that manufactures windows and related products; Insurance Services, including USI Insurance Services; Packaging Products and Services, including SGS International, LLC and SIG Combibloc Group Holdings S.a r.l.; Business and Information Services, including Clarivate Analytics and Emerald Expositions, LLC; Food Retail and Restaurants, including Save-A-Lot; Credit Strategies, including Onex Credit Manager, and Other, including Survitec Group Limited. It also provides airlines service through its portfolio company WestJet Airlines Ltd.
Financial Overview
For the three months ended 31 March 2020, ONEX Corporation revenues increased 26% to $67M. Net loss totaled $997M vs. income of $3.73B. Revenues reflect Management and advisory fees increase of 24% to $61M. Net loss reflects Investing segment loss totaling $985M vs. income of $183M, Asset Management segment loss totaling $67M vs. income of $12M. Dividend per share remained flat at $0.07.
Employees: 429 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $10,338M as of Mar 31, 2020
Annual revenue (TTM): $426.14M as of Mar 31, 2020
EBITDA (TTM): $210.41M as of Mar 31, 2020
Net annual income (TTM): -$601.93M as of Mar 31, 2020
Free cash flow (TTM): $601.93M as of Mar 31, 2020
Net Debt Last Fiscal Year: $5,047M as of Mar 31, 2020
Shares outstanding: 99,159,243 as of Apr 13, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization