The WACC of Northern Trust Corp (NTRS) is 5.2%.
| Range | Selected | |
| Cost of equity | 8.20% - 14.50% | 11.35% |
| Tax rate | 23.90% - 24.40% | 24.15% |
| Cost of debt | 4.00% - 7.00% | 5.50% |
| WACC | 3.8% - 6.6% | 5.2% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.95 | 1.72 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.20% | 14.50% |
| Tax rate | 23.90% | 24.40% |
| Debt/Equity ratio | 6.24 | 6.24 |
| Cost of debt | 4.00% | 7.00% |
| After-tax WACC | 3.8% | 6.6% |
| Selected WACC | 5.2% | |