The WACC of Empire State Realty Trust Inc (ESRT) is 7.3%.
| Range | Selected | |
| Cost of equity | 8.30% - 10.40% | 9.35% |
| Tax rate | 3.20% - 6.50% | 4.85% |
| Cost of debt | 4.00% - 9.10% | 6.55% |
| WACC | 5.4% - 9.2% | 7.3% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.95 | 0.99 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.30% | 10.40% |
| Tax rate | 3.20% | 6.50% |
| Debt/Equity ratio | 1.83 | 1.83 |
| Cost of debt | 4.00% | 9.10% |
| After-tax WACC | 5.4% | 9.2% |
| Selected WACC | 7.3% | |