The WACC of Hershey Co (HSY) is 6.5%.
| Range | Selected | |
| Cost of equity | 6.10% - 7.70% | 6.90% |
| Tax rate | 14.50% - 15.60% | 15.05% |
| Cost of debt | 4.00% - 4.60% | 4.30% |
| WACC | 5.8% - 7.3% | 6.5% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.47 | 0.5 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.10% | 7.70% |
| Tax rate | 14.50% | 15.60% |
| Debt/Equity ratio | 0.12 | 0.12 |
| Cost of debt | 4.00% | 4.60% |
| After-tax WACC | 5.8% | 7.3% |
| Selected WACC | 6.5% | |