The WACC of Empire State Realty Trust Inc (ESRT) is 7.2%.
| Range | Selected | |
| Cost of equity | 7.40% - 9.50% | 8.45% |
| Tax rate | 3.00% - 6.50% | 4.75% |
| Cost of debt | 4.00% - 9.10% | 6.55% |
| WACC | 5.5% - 9.0% | 7.2% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.77 | 0.83 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.40% | 9.50% |
| Tax rate | 3.00% | 6.50% |
| Debt/Equity ratio | 1.23 | 1.23 |
| Cost of debt | 4.00% | 9.10% |
| After-tax WACC | 5.5% | 9.0% |
| Selected WACC | 7.2% | |