The WACC of Northern Trust Corp (NTRS) is 5.6%.
| Range | Selected | |
| Cost of equity | 12.50% - 19.00% | 15.75% |
| Tax rate | 23.90% - 24.40% | 24.15% |
| Cost of debt | 4.00% - 7.00% | 5.50% |
| WACC | 4.2% - 7.0% | 5.6% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 1.88 | 2.52 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 12.50% | 19.00% |
| Tax rate | 23.90% | 24.40% |
| Debt/Equity ratio | 7.15 | 7.15 |
| Cost of debt | 4.00% | 7.00% |
| After-tax WACC | 4.2% | 7.0% |
| Selected WACC | 5.6% | |