AudioCodes (AUDC) ROIC: History & Chart

Name: AudioCodes Ltd. (AUDC) Return on Invested Capital (ROIC) — historical time series
Creator: TGMCharts

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AudioCodes Ltd.(AUDC)

Communication Equipment · Or Yehuda, TA

$10.95+0.15 (+1.39%)

Delayed quote: Oct 6, 2026, 12:10 PM EDT

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About AudioCodes Ltd.

Founded in 1992 and headquartered in Lod, Israel, AudioCodes Ltd. is a prominent provider of sophisticated communication solutions for the contemporary digital workplace. The company offers a comprehensive portfolio encompassing software, hardware, and productivity tools, specifically designed for unified communications (UC), contact centers, its VoiceAI business segment, and service provider clientele. Its extensive product range includes core networking equipment such as session border controllers (SBCs), media gateways, VoIP network routing systems, multi-service business routers, and IP phones. Beyond physical devices, AudioCodes provides advanced management platforms like the One Voice Operations Center for voice network oversight, Device Manager for the administration of business phones and meeting room solutions, and AudioCodes Routing Manager for optimizing call routing in VoIP networks. For users of Microsoft's ecosystem, the company offers User Management Pack 365, which streamlines user lifecycle and identity management for Microsoft Teams and Skype for Business environments, alongside managed services such as AudioCodes Live for Microsoft Teams, and dedicated appliances (including survivable branch appliances, CCE, and CloudBond 365) to support these platforms. Furthermore, AudioCodes develops a variety of value-added voice applications, including SmartTAP, Voca, VoiceAI Connect, and Meeting Insights. These offerings are complemented by professional and managed services, as well as AudioCodes Live Cloud – a Software-as-a-Service (SaaS) solution empowering service providers to facilitate a smooth migration to Microsoft Teams for their business customers. AudioCodes distributes its products globally, primarily utilizing a direct sales force and sales representatives. Its customer base includes original equipment manufacturers (OEMs), network equipment providers, and systems integrators and distributors within the telecommunications and networking sectors. The company maintains operations across the Americas, Europe, the Far East, and its native Israel.

Or Yehuda, TA

981 employees

www.audiocodes.com

Technology / Communication Equipment

Sector: Technology
Industry: Communication Equipment
CEO: Shabtai Adlersberg

View full financials

AUDC Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

4.08%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

4.70%

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

5.07%

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

7.77%

RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y

6.33%

RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y

4.69%

RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y

4.16%

CURRENT VS TTM AVG

-13.04%

CURRENT VS 3Y AVG

-19.44%

CURRENT VS 5Y AVG

-47.47%

CURRENT VS 10Y AVG

-35.46%

CURRENT VS 15Y AVG

-12.87%

CURRENT VS 20Y AVG

-1.77%

SECTOR MEDIAN · TECHNOLOGY

2.27%

median of 529 covered companies

CURRENT VS SECTOR MEDIAN

+79.91%

vs the sector median at left

NAME	MARKET CAP	RETURN ON INVESTED CAPITAL (ROIC)	TTM	3Y	5Y
AudioCodes Ltd. (AUDC)	$278.72M	4.08%	4.70%	5.07%	7.77%
Richardson Electronics, Ltd. (RELL)vs ›	$277.28M	3.33%	0.89%	0.64%	5.45%
A2Z Cust2Mate Solutions Corp. (AZ)vs ›	$273.87M	-58.13%	-112.92%	-227.37%	-170.03%
Duos Technologies Group, Inc. (DUOT)vs ›	$273.71M	N/A	-35.93%	-67.46%	-98.19%
Aviat Networks, Inc. (AVNW)vs ›	$273.35M	2.81%	2.81%	-0.88%	0.13%
The Hackett Group, Inc. (HCKT)vs ›	$270.03M	13.29%	16.11%	23.16%	20.62%
Commerce.com, Inc. (CMRC)vs ›	$269.40M	1.10%	-12.22%	-19.84%	-18.59%
Gorilla Technology Group Inc. (GRRR)vs ›	$298.01M	-15.77%	-33.03%	-53.74%	-38.63%
Conduent Incorporated (CNDT)vs ›	$256.69M	-0.32%	2.04%	6.50%	7.38%
8x8, Inc. (EGHT)vs ›	$309.08M	4.04%	2.47%	-0.97%	-8.60%

NAME

MARKET CAP

RETURN ON INVESTED CAPITAL (ROIC)

TTM

AudioCodes Ltd. (AUDC)

$278.72M

4.08%

4.70%

5.07%

7.77%

Richardson Electronics, Ltd. (RELL)vs ›

$277.28M

3.33%

0.89%

0.64%

5.45%

A2Z Cust2Mate Solutions Corp. (AZ)vs ›

$273.87M

-58.13%

-112.92%

-227.37%

-170.03%

Duos Technologies Group, Inc. (DUOT)vs ›

$273.71M

N/A

-35.93%

-67.46%

-98.19%

Aviat Networks, Inc. (AVNW)vs ›

$273.35M

2.81%

-0.88%

0.13%

The Hackett Group, Inc. (HCKT)vs ›

$270.03M

13.29%

16.11%

23.16%

20.62%

Commerce.com, Inc. (CMRC)vs ›

$269.40M

1.10%

-12.22%

-19.84%

-18.59%

Gorilla Technology Group Inc. (GRRR)vs ›

$298.01M

-15.77%

-33.03%

-53.74%

-38.63%

Conduent Incorporated (CNDT)vs ›

$256.69M

-0.32%

2.04%

6.50%

7.38%

8x8, Inc. (EGHT)vs ›

$309.08M

4.04%

2.47%

-0.97%

-8.60%

Return on Invested Capital (ROIC) Formula & Definition

ROIC = NOPAT / Invested Capital, where NOPAT = Operating Income × (1 − effective tax rate) and Invested Capital = Total Assets − (Current Liabilities − Short-Term Debt)

Return on invested capital measures the after-tax operating return a company earns on the capital invested in the business. TGMCharts computes it from reported statements: trailing-twelve-month operating income after tax, over invested capital at the latest balance sheet — total assets less the non-interest-bearing current liabilities (payables, accruals, deferred revenue) that fund them; short-term debt stays in the capital base. The tax rate is the period's own effective rate (income tax ÷ pretax income), capped at 45%; when pretax income is zero or negative, or the tax line is a net benefit, no tax is deducted — the operating figure is shown untaxed rather than adjusted by an assumed rate. Not shown for banks, insurers or funds.

Return on Invested Capital (ROIC) FAQ

What is the return on invested capital (ROIC) for AudioCodes Ltd. (AUDC)?

The return on invested capital (ROIC) for AUDC stock is 4.08%.

Is AudioCodes Ltd.'s return on invested capital (ROIC) high or low?

The return on invested capital (ROIC) of 4.08% is 47% below its 5-year average of 7.77%, near the low end of its 5-year range (3.37%–14.17%).

What is the TTM average return on invested capital (ROIC) for AudioCodes Ltd. (AUDC)?

The TTM average return on invested capital (ROIC) for AUDC stock is 4.70%.

What is the 3Y average return on invested capital (ROIC) for AudioCodes Ltd. (AUDC)?

The 3Y average return on invested capital (ROIC) for AUDC stock is 5.07%.

What is the 5Y average return on invested capital (ROIC) for AudioCodes Ltd. (AUDC)?

The 5Y average return on invested capital (ROIC) for AUDC stock is 7.77%.

What is the 10Y average return on invested capital (ROIC) for AudioCodes Ltd. (AUDC)?

The 10Y average return on invested capital (ROIC) for AUDC stock is 6.33%.

What is the 15Y average return on invested capital (ROIC) for AudioCodes Ltd. (AUDC)?

The 15Y average return on invested capital (ROIC) for AUDC stock is 4.69%.

What is the 20Y average return on invested capital (ROIC) for AudioCodes Ltd. (AUDC)?

The 20Y average return on invested capital (ROIC) for AUDC stock is 4.16%.

DATE	RETURN ON INVESTED CAPITAL (ROIC)
2026-06-30	4.08%
2026-03-31	3.68%
2025-12-31	3.83%
2025-09-30	5.94%
2025-06-30	5.95%
2025-03-31	7.02%
2024-12-31	6.66%
2024-09-30	5.35%
2024-06-30	5.68%
2024-03-31	4.55%
2023-12-31	3.37%
2023-09-30	4.42%
2023-06-30	5.36%
2023-03-31	7.54%
2022-12-31	10.98%
2022-09-30	11.98%
2022-06-30	12.98%
2022-03-31	14.17%
2021-12-31	13.28%
2021-09-30	13.28%
2021-06-30	13.16%
2021-03-31	12.01%
2020-12-31	10.78%
2020-09-30	0.11%
2020-06-30	-1.87%
2020-03-31	-4.70%
2019-12-31	-5.97%
2019-09-30	11.98%
2019-06-30	11.36%
2019-03-31	9.71%
2018-12-31	10.49%
2018-09-30	7.60%
2018-06-30	3.06%
2018-03-31	2.38%
2017-12-31	1.92%
2017-09-30	3.55%
2017-06-30	6.65%
2017-03-31	6.21%
2016-12-31	5.32%
2016-09-30	3.33%
2016-06-30	2.25%
2016-03-31	0.94%
2015-12-31	1.00%
2015-09-30	0.83%
2015-06-30	0.80%
2015-03-31	1.51%
2014-12-31	1.17%
2014-09-30	1.13%
2014-06-30	1.43%
2014-03-31	1.46%
2013-12-31	1.92%
2013-09-30	1.52%
2013-06-30	0.23%
2013-03-31	-1.19%
2012-12-31	-2.69%
2012-09-30	-2.83%
2012-06-30	-2.11%
2012-03-31	1.44%
2011-12-31	4.48%
2011-09-30	6.19%
2011-06-30	9.26%
2011-03-31	8.62%
2010-12-31	7.89%
2010-09-30	6.23%
2010-06-30	4.68%
2010-03-31	2.58%
2009-12-31	-0.15%
2009-09-30	-45.30%
2009-06-30	-44.03%
2009-03-31	-69.39%
2008-12-31	-40.96%
2008-09-30	1.31%
2008-06-30	0.46%
2008-03-31	-0.18%
2007-12-31	-1.37%
2007-09-30	-1.60%
2007-06-30	-1.45%
2007-03-31	-0.02%
2006-12-31	1.36%
2006-09-30	2.38%
2006-06-30	3.44%
2006-03-31	3.71%
2005-12-31	4.43%
2005-09-30	4.18%
2005-06-30	3.60%
2005-03-31	2.74%
2004-12-31	1.39%
2004-09-30	-1.08%
2004-06-30	-3.97%
2004-03-31	-6.68%
2003-12-31	-8.95%
2003-09-30	-9.68%
2003-06-30	-11.20%

DATE

RETURN ON INVESTED CAPITAL (ROIC)

2026-06-30

4.08%

2026-03-31

3.68%

2025-12-31

3.83%

2025-09-30

5.94%

2025-06-30

5.95%

2025-03-31

7.02%

2024-12-31

6.66%

2024-09-30

5.35%

2024-06-30

5.68%

2024-03-31

4.55%

2023-12-31

3.37%

2023-09-30

4.42%

2023-06-30

5.36%

2023-03-31

7.54%

2022-12-31

10.98%

2022-09-30

11.98%

2022-06-30

12.98%

2022-03-31

14.17%

2021-12-31

13.28%

2021-09-30

13.28%

2021-06-30

13.16%

2021-03-31

12.01%

2020-12-31

10.78%

2020-09-30

0.11%

2020-06-30

-1.87%

2020-03-31

-4.70%

2019-12-31

-5.97%

2019-09-30

11.98%

2019-06-30

11.36%

2019-03-31

9.71%

2018-12-31

10.49%

2018-09-30

7.60%

2018-06-30

3.06%

2018-03-31

2.38%

2017-12-31

1.92%

2017-09-30

3.55%

2017-06-30

6.65%

2017-03-31

6.21%

2016-12-31

5.32%

2016-09-30

3.33%

2016-06-30

2.25%

2016-03-31

0.94%

2015-12-31

1.00%

2015-09-30

0.83%

2015-06-30

0.80%

2015-03-31

1.51%

2014-12-31

1.17%

2014-09-30

1.13%

2014-06-30

1.43%

2014-03-31

1.46%

2013-12-31

1.92%

2013-09-30

1.52%

2013-06-30

0.23%

2013-03-31

-1.19%

2012-12-31

-2.69%

2012-09-30

-2.83%

2012-06-30

-2.11%

2012-03-31

1.44%

2011-12-31

4.48%

2011-09-30

6.19%

2011-06-30

9.26%

2011-03-31

8.62%

2010-12-31

7.89%

2010-09-30

6.23%

2010-06-30

4.68%

2010-03-31

2.58%

2009-12-31

-0.15%

2009-09-30

-45.30%

2009-06-30

-44.03%

2009-03-31

-69.39%

2008-12-31

-40.96%

2008-09-30

1.31%

2008-06-30

0.46%

2008-03-31

-0.18%

2007-12-31

-1.37%

2007-09-30

-1.60%

2007-06-30

-1.45%

2007-03-31

-0.02%

2006-12-31

1.36%

2006-09-30

2.38%

2006-06-30

3.44%

2006-03-31

3.71%

2005-12-31

4.43%

2005-09-30

4.18%

2005-06-30

3.60%

2005-03-31

2.74%

2004-12-31

1.39%

2004-09-30

-1.08%

2004-06-30

-3.97%

2004-03-31

-6.68%

2003-12-31

-8.95%

2003-09-30

-9.68%

2003-06-30

-11.20%

Return on Invested Capital (ROIC): 4.08%

AUDC Return on Invested Capital (ROIC)

AUDC Average Return on Invested Capital (ROIC) Chart

AUDC Current vs Average Return on Invested Capital (ROIC) Chart

AUDC Return on Invested Capital (ROIC) Metrics

AUDC Competitors' Return on Invested Capital (ROIC)

Capital Efficiency

Return on Invested Capital (ROIC) Formula & Definition

Return on Invested Capital (ROIC) FAQ

AUDC Return on Invested Capital (ROIC) History

Related Metrics