The WACC of Lloyds Banking Group PLC (LLOY.L) is 5.8%.
| Range | Selected | |
| Cost of equity | 10.90% - 14.40% | 12.65% |
| Tax rate | 16.70% - 21.40% | 19.05% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 5.6% - 6.1% | 5.8% |
| Category | Low | High |
| Long-term bond rate | 4.0% | 4.5% |
| Equity market risk premium | 6.0% | 7.0% |
| Adjusted beta | 1.15 | 1.35 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 10.90% | 14.40% |
| Tax rate | 16.70% | 21.40% |
| Debt/Equity ratio | 3.8 | 3.8 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 5.6% | 6.1% |
| Selected WACC | 5.8% | |