The WACC of Johnson & Johnson (JNJ) is 6.8%.
| Range | Selected | |
| Cost of equity | 5.90% - 8.00% | 6.95% |
| Tax rate | 12.20% - 12.70% | 12.45% |
| Cost of debt | 4.90% - 5.20% | 5.05% |
| WACC | 5.8% - 7.8% | 6.8% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.43 | 0.56 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 5.90% | 8.00% |
| Tax rate | 12.20% | 12.70% |
| Debt/Equity ratio | 0.07 | 0.07 |
| Cost of debt | 4.90% | 5.20% |
| After-tax WACC | 5.8% | 7.8% |
| Selected WACC | 6.8% | |