The WACC of Cleveland-Cliffs Inc (CLF) is 9.4%.
| Range | Selected | |
| Cost of equity | 7.40% - 10.30% | 8.85% |
| Tax rate | 22.30% - 24.00% | 23.15% |
| Cost of debt | 5.90% - 20.90% | 13.40% |
| WACC | 6.4% - 12.3% | 9.4% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.78 | 0.97 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.40% | 10.30% |
| Tax rate | 22.30% | 24.00% |
| Debt/Equity ratio | 0.57 | 0.57 |
| Cost of debt | 5.90% | 20.90% |
| After-tax WACC | 6.4% | 12.3% |
| Selected WACC | 9.4% | |