The WACC of SM Energy Co (SM) is 9.3%.
Range | Selected | |
Cost of equity | 9.40% - 12.70% | 11.05% |
Tax rate | 19.70% - 20.20% | 19.95% |
Cost of debt | 4.60% - 5.80% | 5.20% |
WACC | 7.9% - 10.6% | 9.3% |
Category | Low | High |
Long-term bond rate | 3.9% | 4.4% |
Equity market risk premium | 4.6% | 5.6% |
Adjusted beta | 1.2 | 1.4 |
Additional risk adjustments | 0.0% | 0.5% |
Cost of equity | 9.40% | 12.70% |
Tax rate | 19.70% | 20.20% |
Debt/Equity ratio | 0.34 | 0.34 |
Cost of debt | 4.60% | 5.80% |
After-tax WACC | 7.9% | 10.6% |
Selected WACC | 9.3% | |