The WACC of Reliance Steel & Aluminum Co (RS) is 9.3%.
| Range | Selected | |
| Cost of equity | 8.60% - 10.90% | 9.75% |
| Tax rate | 23.60% - 24.10% | 23.85% |
| Cost of debt | 4.00% - 4.50% | 4.25% |
| WACC | 8.3% - 10.4% | 9.3% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 1.03 | 1.08 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.60% | 10.90% |
| Tax rate | 23.60% | 24.10% |
| Debt/Equity ratio | 0.07 | 0.07 |
| Cost of debt | 4.00% | 4.50% |
| After-tax WACC | 8.3% | 10.4% |
| Selected WACC | 9.3% | |