The WACC of Targa Resources Corp (TRGP) is 6.9%.
Range | Selected | |
Cost of equity | 6.60% - 8.50% | 7.55% |
Tax rate | 12.60% - 16.90% | 14.75% |
Cost of debt | 5.20% - 5.60% | 5.40% |
WACC | 6.1% - 7.6% | 6.9% |
Category | Low | High |
Long-term bond rate | 3.9% | 4.4% |
Equity market risk premium | 4.6% | 5.6% |
Adjusted beta | 0.59 | 0.65 |
Additional risk adjustments | 0.0% | 0.5% |
Cost of equity | 6.60% | 8.50% |
Tax rate | 12.60% | 16.90% |
Debt/Equity ratio | 0.31 | 0.31 |
Cost of debt | 5.20% | 5.60% |
After-tax WACC | 6.1% | 7.6% |
Selected WACC | 6.9% | |