The WACC of Patterson-UTI Energy Inc (PTEN) is 7.6%.
Range | Selected | |
Cost of equity | 7.70% - 10.10% | 8.90% |
Tax rate | 11.70% - 16.10% | 13.90% |
Cost of debt | 4.60% - 6.10% | 5.35% |
WACC | 6.6% - 8.5% | 7.6% |
Category | Low | High |
Long-term bond rate | 3.9% | 4.4% |
Equity market risk premium | 4.6% | 5.6% |
Adjusted beta | 0.84 | 0.93 |
Additional risk adjustments | 0.0% | 0.5% |
Cost of equity | 7.70% | 10.10% |
Tax rate | 11.70% | 16.10% |
Debt/Equity ratio | 0.44 | 0.44 |
Cost of debt | 4.60% | 6.10% |
After-tax WACC | 6.6% | 8.5% |
Selected WACC | 7.6% | |