The WACC of SM Energy Co (SM) is 8.1%.
Range | Selected | |
Cost of equity | 8.20% - 10.20% | 9.20% |
Tax rate | 19.70% - 20.20% | 19.95% |
Cost of debt | 4.70% - 5.80% | 5.25% |
WACC | 7.2% - 9.0% | 8.1% |
Category | Low | High |
Long-term bond rate | 3.9% | 4.4% |
Equity market risk premium | 4.6% | 5.6% |
Adjusted beta | 0.95 | 0.96 |
Additional risk adjustments | 0.0% | 0.5% |
Cost of equity | 8.20% | 10.20% |
Tax rate | 19.70% | 20.20% |
Debt/Equity ratio | 0.29 | 0.29 |
Cost of debt | 4.70% | 5.80% |
After-tax WACC | 7.2% | 9.0% |
Selected WACC | 8.1% | |