The WACC of Johnson & Johnson (JNJ) is 6.4%.
| Range | Selected | |
| Cost of equity | 5.50% - 7.70% | 6.60% |
| Tax rate | 12.20% - 12.70% | 12.45% |
| Cost of debt | 4.90% - 5.20% | 5.05% |
| WACC | 5.4% - 7.4% | 6.4% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.36 | 0.5 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 5.50% | 7.70% |
| Tax rate | 12.20% | 12.70% |
| Debt/Equity ratio | 0.08 | 0.08 |
| Cost of debt | 4.90% | 5.20% |
| After-tax WACC | 5.4% | 7.4% |
| Selected WACC | 6.4% | |