The WACC of Applied Industrial Technologies Inc (AIT) is 9.4%.
| Range | Selected | |
| Cost of equity | 8.40% - 11.20% | 9.80% |
| Tax rate | 22.30% - 22.70% | 22.50% |
| Cost of debt | 4.00% - 4.50% | 4.25% |
| WACC | 8.1% - 10.8% | 9.4% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.99 | 1.13 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.40% | 11.20% |
| Tax rate | 22.30% | 22.70% |
| Debt/Equity ratio | 0.06 | 0.06 |
| Cost of debt | 4.00% | 4.50% |
| After-tax WACC | 8.1% | 10.8% |
| Selected WACC | 9.4% | |