The WACC of Granite Construction Inc (GVA) is 10.1%.
| Range | Selected | |
| Cost of equity | 10.00% - 13.00% | 11.50% |
| Tax rate | 24.00% - 38.60% | 31.30% |
| Cost of debt | 4.60% - 5.10% | 4.85% |
| WACC | 8.8% - 11.3% | 10.1% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 1.33 | 1.46 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 10.00% | 13.00% |
| Tax rate | 24.00% | 38.60% |
| Debt/Equity ratio | 0.21 | 0.21 |
| Cost of debt | 4.60% | 5.10% |
| After-tax WACC | 8.8% | 11.3% |
| Selected WACC | 10.1% | |