The WACC of Targa Resources Corp (TRGP) is 7.0%.
| Range | Selected | |
| Cost of equity | 6.60% - 8.90% | 7.75% |
| Tax rate | 12.60% - 16.90% | 14.75% |
| Cost of debt | 5.20% - 5.60% | 5.40% |
| WACC | 6.2% - 7.9% | 7.0% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.6 | 0.71 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.60% | 8.90% |
| Tax rate | 12.60% | 16.90% |
| Debt/Equity ratio | 0.3 | 0.3 |
| Cost of debt | 5.20% | 5.60% |
| After-tax WACC | 6.2% | 7.9% |
| Selected WACC | 7.0% | |