The WACC of Targa Resources Corp (TRGP) is 7.5%.
Range | Selected | |
Cost of equity | 7.50% - 10.40% | 8.95% |
Tax rate | 8.60% - 11.80% | 10.20% |
Cost of debt | 4.90% - 6.40% | 5.65% |
WACC | 6.4% - 8.7% | 7.5% |
Category | Low | High |
Long-term bond rate | 4.2% | 4.7% |
Equity market risk premium | 5.0% | 6.0% |
Adjusted beta | 0.66 | 0.88 |
Additional risk adjustments | 0.0% | 0.5% |
Cost of equity | 7.50% | 10.40% |
Tax rate | 8.60% | 11.80% |
Debt/Equity ratio | 0.59 | 0.59 |
Cost of debt | 4.90% | 6.40% |
After-tax WACC | 6.4% | 8.7% |
Selected WACC | 7.5% | |