Discount Rate & WACC Tracker
CAPM-based weighted-average cost of capital for major US listed corporates. Indicative ranges for benchmarking only.
Note: Indicative WACC range for benchmarking. Use the WACC calculator for company-specific inputs. Refresh quarterly.
| Company | Sector | Indicative WACC | Recent shift |
|---|---|---|---|
| Berkshire Hathaway (BRK.A/B) | Conglomerate / insurance | 7.5% – 8.5% | Stable; rate-cut sensitive |
| Visa Inc. (V) | Payments / fintech | 8.0% – 9.5% | ↑ on rising risk-free rate (2024-25) |
| Meta Platforms (META) | Tech / advertising | 9.0% – 10.5% | ↑ post-AI capex revision (2024) |
| AMD | Semiconductors | 10.0% – 12.0% | Beta-driven; high tech-cycle sensitivity |
| Coherent Corp (COHR) | Photonics / lasers | 9.5% – 11.5% | ↑ sector volatility post-merger |
| Blackstone Inc. (BX) | Asset management | 8.5% – 10.0% | Stable; rate-cycle leveraged |
| Analog Devices (ADI) | Semiconductors / analog | 9.0% – 10.5% | Auto-cycle exposure |
| International Paper (IP) | Paper / packaging | 8.0% – 9.5% | Stable; cyclical demand |
Methodology
WACC = E/V × Re + D/V × Rd × (1-T) where:
- Re (cost of equity) — CAPM: Rf + β × (Rm - Rf). Rf from 10Y treasury; equity premium 5-6%.
- β (beta) — 5-year levered beta from major data vendors
- Rd (cost of debt) — YTM on long corporate bonds, or interest expense / total debt
- T (tax rate) — effective rate from 10-K; ~21% federal + state for US
- E/V, D/V — market value of equity / total capital
Inputs change as treasury rates shift, equity premiums move, and capital structures adjust. Re-derive quarterly.