The WACC of Covanta Holding Corp (CVA) is 8.0%.
| Range | Selected | |
| Cost of equity | 8.10% - 11.00% | 9.55% |
| Tax rate | 27.00% - 27.00% | 27.00% |
| Cost of debt | 4.00% - 13.10% | 8.55% |
| WACC | 5.6% - 10.3% | 8.0% |
| Category | Low | High |
| Long-term bond rate | 3.2% | 3.7% |
| Equity market risk premium | 4.2% | 5.2% |
| Adjusted beta | 1.17 | 1.31 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.10% | 11.00% |
| Tax rate | 27.00% | 27.00% |
| Debt/Equity ratio | 0.95 | 0.95 |
| Cost of debt | 4.00% | 13.10% |
| After-tax WACC | 5.6% | 10.3% |
| Selected WACC | 8.0% | |