The WACC of Applied Industrial Technologies Inc (AIT) is 8.6%.
| Range | Selected | |
| Cost of equity | 7.90% - 10.20% | 9.05% |
| Tax rate | 22.30% - 22.70% | 22.50% |
| Cost of debt | 4.00% - 4.50% | 4.25% |
| WACC | 7.6% - 9.7% | 8.6% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.88 | 0.96 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.90% | 10.20% |
| Tax rate | 22.30% | 22.70% |
| Debt/Equity ratio | 0.08 | 0.08 |
| Cost of debt | 4.00% | 4.50% |
| After-tax WACC | 7.6% | 9.7% |
| Selected WACC | 8.6% | |