The WACC of 3M Co (MMM) is 6.9%.
| Range | Selected | |
| Cost of equity | 5.90% - 9.80% | 7.85% |
| Tax rate | 18.90% - 19.70% | 19.30% |
| Cost of debt | 4.00% - 4.70% | 4.35% |
| WACC | 5.4% - 8.5% | 6.9% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.45 | 0.88 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 5.90% | 9.80% |
| Tax rate | 18.90% | 19.70% |
| Debt/Equity ratio | 0.28 | 0.28 |
| Cost of debt | 4.00% | 4.70% |
| After-tax WACC | 5.4% | 8.5% |
| Selected WACC | 6.9% | |