The WACC of Vulcan Materials Co (VMC) is 9.6%.
Range | Selected | |
Cost of equity | 8.90% - 11.80% | 10.35% |
Tax rate | 22.10% - 23.40% | 22.75% |
Cost of debt | 4.30% - 4.90% | 4.60% |
WACC | 8.3% - 10.9% | 9.6% |
Category | Low | High |
Long-term bond rate | 3.9% | 4.4% |
Equity market risk premium | 4.6% | 5.6% |
Adjusted beta | 1.1 | 1.23 |
Additional risk adjustments | 0.0% | 0.5% |
Cost of equity | 8.90% | 11.80% |
Tax rate | 22.10% | 23.40% |
Debt/Equity ratio | 0.13 | 0.13 |
Cost of debt | 4.30% | 4.90% |
After-tax WACC | 8.3% | 10.9% |
Selected WACC | 9.6% | |