The WACC of Spotify Technology SA (SPOT) is 8.9%.
| Range | Selected | |
| Cost of equity | 7.10% - 10.90% | 9.00% |
| Tax rate | 15.80% - 17.00% | 16.40% |
| Cost of debt | 4.00% - 4.50% | 4.25% |
| WACC | 7.0% - 10.7% | 8.9% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.7 | 1.07 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.10% | 10.90% |
| Tax rate | 15.80% | 17.00% |
| Debt/Equity ratio | 0.02 | 0.02 |
| Cost of debt | 4.00% | 4.50% |
| After-tax WACC | 7.0% | 10.7% |
| Selected WACC | 8.9% | |