The WACC of Emergent BioSolutions Inc (EBS) is 6.6%.
| Range | Selected | |
| Cost of equity | 8.00% - 11.80% | 9.90% |
| Tax rate | 16.60% - 26.10% | 21.35% |
| Cost of debt | 4.00% - 7.00% | 5.50% |
| WACC | 5.3% - 7.9% | 6.6% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.89 | 1.25 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.00% | 11.80% |
| Tax rate | 16.60% | 26.10% |
| Debt/Equity ratio | 1.41 | 1.41 |
| Cost of debt | 4.00% | 7.00% |
| After-tax WACC | 5.3% | 7.9% |
| Selected WACC | 6.6% | |