The WACC of BAE Systems PLC (BA.L) is 9.7%.
| Range | Selected | |
| Cost of equity | 9.60% - 11.90% | 10.75% |
| Tax rate | 13.50% - 14.80% | 14.15% |
| Cost of debt | 5.20% - 5.40% | 5.30% |
| WACC | 8.7% - 10.6% | 9.7% |
| Category | Low | High |
| Long-term bond rate | 4.0% | 4.5% |
| Equity market risk premium | 6.0% | 7.0% |
| Adjusted beta | 0.95 | 0.99 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 9.60% | 11.90% |
| Tax rate | 13.50% | 14.80% |
| Debt/Equity ratio | 0.22 | 0.22 |
| Cost of debt | 5.20% | 5.40% |
| After-tax WACC | 8.7% | 10.6% |
| Selected WACC | 9.7% | |