The WACC of Northern Trust Corp (NTRS) is 9.2%.
| Range | Selected | |
| Cost of equity | 12.40% - 20.70% | 16.55% |
| Tax rate | 23.90% - 24.40% | 24.15% |
| Cost of debt | 4.00% - 17.90% | 10.95% |
| WACC | 4.1% - 14.4% | 9.2% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 1.86 | 2.82 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 12.40% | 20.70% |
| Tax rate | 23.90% | 24.40% |
| Debt/Equity ratio | 7.63 | 7.63 |
| Cost of debt | 4.00% | 17.90% |
| After-tax WACC | 4.1% | 14.4% |
| Selected WACC | 9.2% | |