NJR
New Jersey Resources Corp
Price:  
42.08 
USD
Volume:  
609,789.00
United States | Gas Utilities
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NJR WACC - Weighted Average Cost of Capital

The WACC of New Jersey Resources Corp (NJR) is 8.4%.

The Cost of Equity of New Jersey Resources Corp (NJR) is 7.90%.
The Cost of Debt of New Jersey Resources Corp (NJR) is 10.95%.

Range Selected
Cost of equity 6.90% - 8.90% 7.90%
Tax rate 15.30% - 17.40% 16.35%
Cost of debt 4.00% - 17.90% 10.95%
WACC 5.4% - 11.4% 8.4%
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 0.66 0.72
Additional risk adjustments 0.0% 0.5%
Cost of equity 6.90% 8.90%
Tax rate 15.30% 17.40%
Debt/Equity ratio 0.75 0.75
Cost of debt 4.00% 17.90%
After-tax WACC 5.4% 11.4%
Selected WACC 8.4%