MICC · NYSE · Packaged Foods

The Magnum Ice Cream Company (MICC)

Runs global ice-cream brands through a specialized frozen distribution network.

$19.48
vs last close+0.23 (+1.17%)
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The Magnum Ice Cream Company N.V.MICC
Consumer Staples

Sells branded ice cream through at-home, away-from-home and digital channels across Europe and ANZ, the Americas, and AMEA. A portfolio led by Magnum and supported by brands such as Ben & Jerry's, Cornetto and Wall's relies on a specialized frozen production and distribution network.

Owns and sells ice-cream brands including Magnum, Ben & Jerry's, Cornetto, Wall's, Breyers and Talenti through at-home, away-from-home and digital channels. Operations span Europe and ANZ, the Americas, and AMEA, making the portfolio geographically global rather than tied to one market.

Combines brand development with a specialized frozen route-to-market built around factories, distribution centers, dedicated distributors and freezer cabinets at points of sale. That cold-chain system supports product availability across many retail and out-of-home occasions.

Depends on frozen production and distribution, raw-material inputs, customer relationships, product innovation, and seasonal and weather-driven demand. The separation from Unilever also continues through transitional services, while Ben & Jerry's independent social-mission governance remains under dispute.

Company facts

CEOPeter ter Kulve
ListedDec 8, 2025
ExchangeNYSE
HeadquartersAmsterdam, Netherlands
CountryNetherlands
Employees18,000
CIK0002071668
ISINNL0015002MS2

Market cap$11.79B
EPS (ttm)$0.3440
P/E (ttm)55.97
ROE21.2%
P/B9.52
P/S1.27
Dividend yieldDiv yield
Beta0.45vs XLP 0.74

No analyst consensus on record.

EPSReportedEstimate

Jun '24Dec '24Mar '25Jun '25Sep '25Dec '25Feb '26Jul '26
Reported$0.79$0.21$0.41$0.87−$0.15$1.06$0.09$0.82
Estimate$0.15$0.78
Surprise−38.5%+4.8%

RevenueReportedEstimate

Jun '24Dec '24Mar '25Jun '25Sep '25Dec '25Feb '26Jul '26
Reported$4.71B$3.68B$2.47B$5.30B$2.00B$5.30B$4.00B$5.36B
Estimate$2.56B$4.03B$5.24B
Surprise+107.2%−0.7%+2.3%
Estimate$0.78
Reported$0.82+4.8%
Estimate$5.24B
Reported$5.36B+2.3%
View details

Debt to equity355.70%
Current ratio101.00%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$2.07B$2.03B$2.57B$2.58B$1.95B$1.95B$2.69B$2.69B
Net income$73.8M$72.7M$259.4M$260.0M−$92.2M−$92.2M$195.8M$195.8M
Net margin3.6%3.6%10.1%10.1%0.0%0.0%7.3%7.3%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$90.7M$89.3M$325.2M$325.8M$17.2M$17.2M$336.1M$336.1M
YoY growth−7.0%−6.4%−81.1%−80.8%+3.4%+3.2%

Balance sheet, Jun 30, 2026Cash & short-term investments $659.8M · Total debt $4.40B · Total assets $11.22B · Shareholders' equity $1.24B

Revenue
$2.69B
Operating income
$336.1M
Net income
$195.8M

Reported in EUR, converted at the latest exchange rate

View details

No dividends on record.

Institutions44.02%269.49M ADS
495 holders · as of Jun 30, 2026
Strategic holders19.85%121.53M ADS
1 holder · as of Feb 10, 2026
Other36.13%221.23M ADS
remainder

612.26M ADS as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Unilever PLCStrategic
19.85%121.53Mfiled Feb 10, 2026
Price T Rowe Associates Inc /MD/Institution
5.36%32.80M ADSas of Jun 30, 2026
Orbis Investment Management LtdInstitution
5.12%31.38Mfiled May 15, 2026
First Eagle Investment Management, LLCInstitution
3.76%23.02M ADSas of Jun 30, 2026
FMR LLCInstitution
3.40%20.84M ADSas of Jun 30, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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Compare

CompanyPriceChange
The Magnum Ice Cream Company$19.48+1.17%$11.79B56.01.3+1.0%
General Mills$35.89+1.34%$18.90B11.81.0+1.2%
Median11.81.0+1.2%