The WACC of Howmet Aerospace Inc (HWM) is 7.8%.
| Range | Selected | |
| Cost of equity | 7.10% - 9.00% | 8.05% |
| Tax rate | 22.20% - 22.90% | 22.55% |
| Cost of debt | 4.90% - 5.70% | 5.30% |
| WACC | 6.9% - 8.7% | 7.8% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.71 | 0.74 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.10% | 9.00% |
| Tax rate | 22.20% | 22.90% |
| Debt/Equity ratio | 0.08 | 0.08 |
| Cost of debt | 4.90% | 5.70% |
| After-tax WACC | 6.9% | 8.7% |
| Selected WACC | 7.8% | |