The WACC of Johnson & Johnson (JNJ) is 6.6%.
| Range | Selected | |
| Cost of equity | 5.70% - 7.80% | 6.75% |
| Tax rate | 12.20% - 13.80% | 13.00% |
| Cost of debt | 4.90% - 5.20% | 5.05% |
| WACC | 5.6% - 7.5% | 6.6% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.4 | 0.52 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 5.70% | 7.80% |
| Tax rate | 12.20% | 13.80% |
| Debt/Equity ratio | 0.08 | 0.08 |
| Cost of debt | 4.90% | 5.20% |
| After-tax WACC | 5.6% | 7.5% |
| Selected WACC | 6.6% | |