The WACC of Covenant Logistics Group Inc (CVLG) is 8.5%.
| Range | Selected | |
| Cost of equity | 8.80% - 11.50% | 10.15% |
| Tax rate | 24.40% - 25.30% | 24.85% |
| Cost of debt | 4.80% - 5.00% | 4.90% |
| WACC | 7.5% - 9.5% | 8.5% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 1.06 | 1.18 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.80% | 11.50% |
| Tax rate | 24.40% | 25.30% |
| Debt/Equity ratio | 0.33 | 0.33 |
| Cost of debt | 4.80% | 5.00% |
| After-tax WACC | 7.5% | 9.5% |
| Selected WACC | 8.5% | |