The WACC of Valero Energy Corp (VLO) is 8.1%.
| Range | Selected | |
| Cost of equity | 8.00% - 10.60% | 9.30% |
| Tax rate | 21.40% - 22.30% | 21.85% |
| Cost of debt | 4.60% - 4.80% | 4.70% |
| WACC | 7.0% - 9.1% | 8.1% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.89 | 1.03 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.00% | 10.60% |
| Tax rate | 21.40% | 22.30% |
| Debt/Equity ratio | 0.27 | 0.27 |
| Cost of debt | 4.60% | 4.80% |
| After-tax WACC | 7.0% | 9.1% |
| Selected WACC | 8.1% | |