The WACC of Advance Auto Parts Inc (AAP) is 6.7%.
| Range | Selected | |
| Cost of equity | 6.80% - 9.30% | 8.05% |
| Tax rate | 23.20% - 23.60% | 23.40% |
| Cost of debt | 4.50% - 7.00% | 5.75% |
| WACC | 5.5% - 7.8% | 6.7% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.65 | 0.8 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.80% | 9.30% |
| Tax rate | 23.20% | 23.60% |
| Debt/Equity ratio | 0.62 | 0.62 |
| Cost of debt | 4.50% | 7.00% |
| After-tax WACC | 5.5% | 7.8% |
| Selected WACC | 6.7% | |