NJR
New Jersey Resources Corp
Price:  
41.77 
USD
Volume:  
352,407.00
United States | Gas Utilities
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NJR WACC - Weighted Average Cost of Capital

The WACC of New Jersey Resources Corp (NJR) is 8.9%.

The Cost of Equity of New Jersey Resources Corp (NJR) is 8.15%.
The Cost of Debt of New Jersey Resources Corp (NJR) is 11.95%.

Range Selected
Cost of equity 7.20% - 9.10% 8.15%
Tax rate 15.30% - 17.40% 16.35%
Cost of debt 4.00% - 19.90% 11.95%
WACC 5.5% - 12.2% 8.9%
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 0.72 0.75
Additional risk adjustments 0.0% 0.5%
Cost of equity 7.20% 9.10%
Tax rate 15.30% 17.40%
Debt/Equity ratio 0.76 0.76
Cost of debt 4.00% 19.90%
After-tax WACC 5.5% 12.2%
Selected WACC 8.9%