The WACC of Tejon Ranch Co (TRC) is 6.0%.
| Range | Selected | |
| Cost of equity | 5.60% - 7.00% | 6.30% |
| Tax rate | 37.70% - 41.60% | 39.65% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 5.3% - 6.7% | 6.0% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.37 | 0.39 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 5.60% | 7.00% |
| Tax rate | 37.70% | 41.60% |
| Debt/Equity ratio | 0.1 | 0.1 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 5.3% | 6.7% |
| Selected WACC | 6.0% | |