NJR
New Jersey Resources Corp
Price:  
46.03 
USD
Volume:  
364,241.00
United States | Gas Utilities
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NJR WACC - Weighted Average Cost of Capital

The WACC of New Jersey Resources Corp (NJR) is 7.6%.

The Cost of Equity of New Jersey Resources Corp (NJR) is 7.25%.
The Cost of Debt of New Jersey Resources Corp (NJR) is 9.80%.

Range Selected
Cost of equity 6.40% - 8.10% 7.25%
Tax rate 15.30% - 17.40% 16.35%
Cost of debt 4.00% - 15.60% 9.80%
WACC 5.1% - 10.1% 7.6%
WACC

NJR WACC calculation

Category Low High
Long-term bond rate 3.9% 4.4%
Equity market risk premium 4.6% 5.6%
Adjusted beta 0.54 0.58
Additional risk adjustments 0.0% 0.5%
Cost of equity 6.40% 8.10%
Tax rate 15.30% 17.40%
Debt/Equity ratio 0.69 0.69
Cost of debt 4.00% 15.60%
After-tax WACC 5.1% 10.1%
Selected WACC 7.6%