The WACC of 3M Co (MMM) is 7.5%.
| Range | Selected | |
| Cost of equity | 7.00% - 9.30% | 8.15% |
| Tax rate | 17.40% - 18.60% | 18.00% |
| Cost of debt | 4.00% - 4.60% | 4.30% |
| WACC | 6.5% - 8.5% | 7.5% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.69 | 0.79 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.00% | 9.30% |
| Tax rate | 17.40% | 18.60% |
| Debt/Equity ratio | 0.16 | 0.16 |
| Cost of debt | 4.00% | 4.60% |
| After-tax WACC | 6.5% | 8.5% |
| Selected WACC | 7.5% | |