The WACC of Tennant Co (TNC) is 10.3%.
| Range | Selected | |
| Cost of equity | 9.70% - 12.40% | 11.05% |
| Tax rate | 14.00% - 15.60% | 14.80% |
| Cost of debt | 4.40% - 4.60% | 4.50% |
| WACC | 9.1% - 11.4% | 10.3% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 1.28 | 1.35 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 9.70% | 12.40% |
| Tax rate | 14.00% | 15.60% |
| Debt/Equity ratio | 0.13 | 0.13 |
| Cost of debt | 4.40% | 4.60% |
| After-tax WACC | 9.1% | 11.4% |
| Selected WACC | 10.3% | |