The WACC of Vulcan Materials Co (VMC) is 8.9%.
Range | Selected | |
Cost of equity | 8.20% - 10.60% | 9.40% |
Tax rate | 22.10% - 23.40% | 22.75% |
Cost of debt | 4.30% - 4.80% | 4.55% |
WACC | 7.8% - 9.9% | 8.9% |
Category | Low | High |
Long-term bond rate | 3.9% | 4.4% |
Equity market risk premium | 4.6% | 5.6% |
Adjusted beta | 0.95 | 1.03 |
Additional risk adjustments | 0.0% | 0.5% |
Cost of equity | 8.20% | 10.60% |
Tax rate | 22.10% | 23.40% |
Debt/Equity ratio | 0.11 | 0.11 |
Cost of debt | 4.30% | 4.80% |
After-tax WACC | 7.8% | 9.9% |
Selected WACC | 8.9% | |