The WACC of Union Pacific Corp (UNP) is 8.2%.
| Range | Selected | |
| Cost of equity | 7.90% - 10.50% | 9.20% |
| Tax rate | 23.00% - 23.20% | 23.10% |
| Cost of debt | 4.00% - 4.80% | 4.40% |
| WACC | 7.1% - 9.3% | 8.2% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.88 | 1 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.90% | 10.50% |
| Tax rate | 23.00% | 23.20% |
| Debt/Equity ratio | 0.21 | 0.21 |
| Cost of debt | 4.00% | 4.80% |
| After-tax WACC | 7.1% | 9.3% |
| Selected WACC | 8.2% | |