The WACC of Air France KLM SA (AF.PA) is 9.0%.
| Range | Selected | |
| Cost of equity | 11.50% - 20.50% | 16.00% |
| Tax rate | 11.80% - 17.40% | 14.60% |
| Cost of debt | 4.00% - 14.80% | 9.40% |
| WACC | 4.6% - 13.3% | 9.0% |
| Category | Low | High |
| Long-term bond rate | 3.0% | 3.5% |
| Equity market risk premium | 5.8% | 6.8% |
| Adjusted beta | 1.47 | 2.42 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 11.50% | 20.50% |
| Tax rate | 11.80% | 17.40% |
| Debt/Equity ratio | 6.41 | 6.41 |
| Cost of debt | 4.00% | 14.80% |
| After-tax WACC | 4.6% | 13.3% |
| Selected WACC | 9.0% | |