NEU
NewMarket Corp
Price:  
561.87 
USD
Volume:  
29,147.00
United States | Chemicals
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NEU WACC - Weighted Average Cost of Capital

The WACC of NewMarket Corp (NEU) is 6.8%.

The Cost of Equity of NewMarket Corp (NEU) is 7.30%.
The Cost of Debt of NewMarket Corp (NEU) is 4.30%.

Range Selected
Cost of equity 6.00% - 8.60% 7.30%
Tax rate 20.10% - 21.40% 20.75%
Cost of debt 4.00% - 4.60% 4.30%
WACC 5.7% - 8.0% 6.8%
WACC

NEU WACC calculation

Category Low High
Long-term bond rate 3.9% 4.4%
Equity market risk premium 4.6% 5.6%
Adjusted beta 0.46 0.66
Additional risk adjustments 0.0% 0.5%
Cost of equity 6.00% 8.60%
Tax rate 20.10% 21.40%
Debt/Equity ratio 0.13 0.13
Cost of debt 4.00% 4.60%
After-tax WACC 5.7% 8.0%
Selected WACC 6.8%