The WACC of Houlihan Lokey Inc (HLI) is 9.3%.
| Range | Selected | |
| Cost of equity | 8.10% - 10.50% | 9.30% |
| Tax rate | 23.00% - 25.10% | 24.05% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 8.1% - 10.5% | 9.3% |
| Category | Low | High |
| Long-term bond rate | 4.2% | 4.7% |
| Equity market risk premium | 5.0% | 6.0% |
| Adjusted beta | 0.78 | 0.9 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.10% | 10.50% |
| Tax rate | 23.00% | 25.10% |
| Debt/Equity ratio | 0 | 0 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 8.1% | 10.5% |
| Selected WACC | 9.3% | |