GLW
Corning Inc
Price:  
40.64 
USD
Volume:  
4,653,184.00
United States | Electronic Equipment, Instruments & Components
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Corning WACC - Weighted Average Cost of Capital

The WACC of Corning Inc (GLW) is 8.8%.

The Cost of Equity of Corning Inc (GLW) is 9.80%.
The Cost of Debt of Corning Inc (GLW) is 5.05%.

Range Selected
Cost of equity 8.40% - 11.20% 9.80%
Tax rate 20.50% - 20.80% 20.65%
Cost of debt 4.00% - 6.10% 5.05%
WACC 7.5% - 10.1% 8.8%
WACC

Corning WACC calculation

Category Low High
Long-term bond rate 3.9% 4.4%
Equity market risk premium 4.6% 5.6%
Adjusted beta 0.98 1.14
Additional risk adjustments 0.0% 0.5%
Cost of equity 8.40% 11.20%
Tax rate 20.50% 20.80%
Debt/Equity ratio 0.21 0.21
Cost of debt 4.00% 6.10%
After-tax WACC 7.5% 10.1%
Selected WACC 8.8%