The WACC of Archer-Daniels-Midland Co (ADM) is 6.5%.
| Range | Selected | |
| Cost of equity | 6.00% - 8.40% | 7.20% |
| Tax rate | 14.20% - 17.00% | 15.60% |
| Cost of debt | 4.70% - 5.60% | 5.15% |
| WACC | 5.5% - 7.5% | 6.5% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.46 | 0.63 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.00% | 8.40% |
| Tax rate | 14.20% | 17.00% |
| Debt/Equity ratio | 0.33 | 0.33 |
| Cost of debt | 4.70% | 5.60% |
| After-tax WACC | 5.5% | 7.5% |
| Selected WACC | 6.5% | |