The WACC of Callaway Golf Co (ELY) is 12.0%.
| Range | Selected | |
| Cost of equity | 10.30% - 13.40% | 11.85% |
| Tax rate | 13.60% - 18.30% | 15.95% |
| Cost of debt | 8.30% - 22.20% | 15.25% |
| WACC | 9.6% - 14.5% | 12.0% |
| Category | Low | High |
| Long-term bond rate | 4.2% | 4.7% |
| Equity market risk premium | 4.2% | 5.2% |
| Adjusted beta | 1.44 | 1.56 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 10.30% | 13.40% |
| Tax rate | 13.60% | 18.30% |
| Debt/Equity ratio | 0.3 | 0.3 |
| Cost of debt | 8.30% | 22.20% |
| After-tax WACC | 9.6% | 14.5% |
| Selected WACC | 12.0% | |