The WACC of Emergent BioSolutions Inc (EBS) is 6.7%.
| Range | Selected | |
| Cost of equity | 8.50% - 12.30% | 10.40% |
| Tax rate | 16.60% - 26.10% | 21.35% |
| Cost of debt | 4.00% - 7.00% | 5.50% |
| WACC | 5.4% - 8.1% | 6.7% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 1.01 | 1.32 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.50% | 12.30% |
| Tax rate | 16.60% | 26.10% |
| Debt/Equity ratio | 1.47 | 1.47 |
| Cost of debt | 4.00% | 7.00% |
| After-tax WACC | 5.4% | 8.1% |
| Selected WACC | 6.7% | |