Cost
of Capital by SectorData Used: Value Line database, of 7364 firms
Date of Analysis: Data used is as of January 2008
can be obtained by clicking here
on
which companies are included in each industry
| Industry Name | Number of Firms | Beta | Cost of Equity | E/(D+E) | Std Dev in Stock | Cost of Debt | Tax Rate | After-tax Cost of Debt | D/(D+E) | Cost of Capital |
| Advertising | 40 | 1.60 | 11.69% | 71.03% | 93.79% | 6.02% | 14.93% | 3.61% | 28.97% | 9.35% |
| Aerospace/Defense | 69 | 1.19 | 9.74% | 86.07% | 42.67% | 5.27% | 21.13% | 3.16% | 13.93% | 8.82% |
| Air Transport | 49 | 1.40 | 10.70% | 67.50% | 41.21% | 5.27% | 17.38% | 3.16% | 32.50% | 8.25% |
| Apparel | 57 | 0.87 | 8.19% | 83.44% | 66.77% | 6.02% | 25.25% | 3.61% | 16.56% | 7.44% |
| Auto & Truck | 28 | 1.54 | 11.42% | 50.46% | 28.35% | 4.77% | 22.92% | 2.86% | 49.54% | 7.18% |
| Auto Parts | 56 | 1.45 | 10.96% | 68.15% | 53.41% | 5.52% | 17.75% | 3.31% | 31.85% | 8.53% |
| Bank | 504 | 0.63 | 7.04% | 70.34% | 24.47% | 4.52% | 27.88% | 2.71% | 29.66% | 5.75% |
| Bank (Canadian) | 8 | 0.67 | 7.24% | 94.42% | 14.51% | 4.27% | 19.07% | 2.56% | 5.58% | 6.98% |
| Bank (Midwest) | 38 | 0.85 | 8.11% | 71.53% | 18.18% | 4.27% | 27.80% | 2.56% | 28.47% | 6.53% |
| Beverage | 44 | 0.89 | 8.26% | 89.70% | 52.03% | 5.52% | 16.73% | 3.31% | 10.30% | 7.75% |
| Biotechnology | 103 | 1.51 | 11.23% | 91.66% | 72.36% | 6.02% | 4.11% | 3.61% | 8.34% | 10.59% |
| Building Materials | 49 | 1.07 | 9.14% | 77.23% | 56.45% | 5.52% | 23.79% | 3.31% | 22.77% | 7.81% |
| Cable TV | 23 | 1.56 | 11.50% | 62.56% | 46.29% | 5.27% | 20.04% | 3.16% | 37.44% | 8.38% |
| Canadian Energy | 13 | 0.80 | 7.85% | 85.71% | 27.90% | 4.77% | 27.13% | 2.86% | 14.29% | 7.14% |
| Chemical (Basic) | 19 | 1.52 | 11.32% | 86.51% | 64.99% | 6.02% | 16.97% | 3.61% | 13.49% | 10.28% |
| Chemical (Diversified) | 37 | 1.16 | 9.56% | 87.88% | 33.99% | 5.02% | 26.20% | 3.01% | 12.12% | 8.77% |
| Chemical (Specialty) | 90 | 1.06 | 9.12% | 84.80% | 52.19% | 5.52% | 19.01% | 3.31% | 15.20% | 8.24% |
| Coal | 18 | 1.71 | 12.23% | 87.63% | 41.81% | 5.27% | 10.36% | 3.16% | 12.37% | 11.11% |
| Computer Software/Svcs | 376 | 1.56 | 11.49% | 96.68% | 96.12% | 6.02% | 10.75% | 3.61% | 3.32% | 11.23% |
| Computers/Peripherals | 144 | 1.86 | 12.94% | 94.55% | 82.49% | 6.02% | 8.41% | 3.61% | 5.45% | 12.43% |
| Diversified Co. | 107 | 1.03 | 8.97% | 86.24% | 43.83% | 5.27% | 19.54% | 3.16% | 13.76% | 8.17% |
| Drug | 368 | 1.78 | 12.56% | 92.77% | 85.41% | 6.02% | 5.95% | 3.61% | 7.23% | 11.91% |
| E-Commerce | 56 | 2.08 | 13.98% | 96.74% | 76.02% | 6.02% | 15.82% | 3.61% | 3.26% | 13.64% |
| Educational Services | 39 | 1.27 | 10.11% | 98.66% | 50.83% | 5.52% | 20.74% | 3.31% | 1.34% | 10.02% |
| Electric Util. (Central) | 25 | 0.93 | 8.49% | 57.90% | 18.40% | 4.27% | 26.66% | 2.56% | 42.10% | 5.99% |
| Electric Utility (East) | 27 | 0.84 | 8.05% | 68.35% | 19.07% | 4.27% | 29.51% | 2.56% | 31.65% | 6.32% |
| Electric Utility (West) | 17 | 0.88 | 8.22% | 62.38% | 15.80% | 4.27% | 31.69% | 2.56% | 37.62% | 6.09% |
| Electrical Equipment | 86 | 1.35 | 10.49% | 55.29% | 59.10% | 5.52% | 14.92% | 3.31% | 44.71% | 7.28% |
| Electronics | 179 | 1.32 | 10.32% | 87.59% | 80.61% | 6.02% | 13.25% | 3.61% | 12.41% | 9.49% |
| Entertainment | 93 | 1.53 | 11.37% | 72.90% | 98.22% | 6.02% | 15.50% | 3.61% | 27.10% | 9.27% |
| Entertainment Tech | 38 | 2.06 | 13.88% | 97.29% | 52.14% | 5.52% | 9.03% | 3.31% | 2.71% | 13.59% |
| Environmental | 89 | 1.00 | 8.80% | 68.81% | 90.86% | 6.02% | 11.44% | 3.61% | 31.19% | 7.18% |
| Financial Svcs. (Div.) | 294 | 1.14 | 9.48% | 34.07% | 48.82% | 5.27% | 17.36% | 3.16% | 65.93% | 5.32% |
| Food Processing | 123 | 0.77 | 7.70% | 84.72% | 38.83% | 5.02% | 19.34% | 3.01% | 15.28% | 6.99% |
| Food Wholesalers | 19 | 0.79 | 7.81% | 67.43% | 47.08% | 5.27% | 31.85% | 3.16% | 32.57% | 6.30% |
| Foreign Electronics | 10 | 1.08 | 9.21% | 82.70% | 20.69% | 4.52% | 33.95% | 2.71% | 17.30% | 8.09% |
| Furn/Home Furnishings | 39 | 1.10 | 9.29% | 76.08% | 41.33% | 5.27% | 23.96% | 3.16% | 23.92% | 7.82% |
| Grocery | 15 | 0.99 | 8.76% | 76.80% | 28.91% | 4.77% | 28.20% | 2.86% | 23.20% | 7.39% |
| Healthcare Information | 38 | 0.91 | 8.37% | 88.73% | 47.09% | 5.27% | 14.55% | 3.16% | 11.27% | 7.78% |
| Heavy Construction | 12 | 1.25 | 9.99% | 96.53% | 43.26% | 5.27% | 29.84% | 3.16% | 3.47% | 9.75% |
| Home Appliance | 11 | 0.95 | 8.59% | 82.20% | 28.66% | 4.77% | 15.98% | 2.86% | 17.80% | 7.57% |
| Homebuilding | 36 | 1.64 | 11.90% | 43.70% | 40.57% | 5.27% | 23.61% | 3.16% | 56.30% | 6.98% |
| Hotel/Gaming | 75 | 1.25 | 10.03% | 73.79% | 66.57% | 6.02% | 12.97% | 3.61% | 26.21% | 8.35% |
| Household Products | 28 | 0.89 | 8.30% | 85.38% | 43.77% | 5.27% | 29.49% | 3.16% | 14.62% | 7.55% |
| Human Resources | 35 | 1.38 | 10.61% | 93.01% | 53.99% | 5.52% | 23.43% | 3.31% | 6.99% | 10.10% |
| Industrial Services | 196 | 1.22 | 9.86% | 80.78% | 71.93% | 6.02% | 16.12% | 3.61% | 19.22% | 8.66% |
| Information Services | 38 | 1.05 | 9.04% | 90.86% | 33.76% | 5.02% | 19.94% | 3.01% | 9.14% | 8.49% |
| Insurance (Life) | 40 | 0.94 | 8.54% | 92.27% | 42.35% | 5.27% | 27.97% | 3.16% | 7.73% | 8.13% |
| Insurance (Prop/Cas.) | 87 | 0.89 | 8.29% | 98.80% | 26.89% | 4.77% | 19.80% | 2.86% | 1.20% | 8.22% |
| Internet | 266 | 1.97 | 13.47% | 98.20% | 92.64% | 6.02% | 6.76% | 3.61% | 1.80% | 13.29% |
| Investment Co. | 18 | 0.71 | 7.42% | 99.46% | 13.96% | 4.27% | 0.00% | 2.56% | 0.54% | 7.39% |
| Investment Co.(Foreign) | 15 | 1.31 | 10.28% | 100.00% | 23.12% | 4.52% | 2.20% | 2.71% | 0.00% | 10.28% |
| Machinery | 126 | 1.19 | 9.72% | 80.82% | 45.67% | 5.27% | 22.70% | 3.16% | 19.18% | 8.46% |
| Manuf. Housing/RV | 18 | 1.92 | 13.21% | 87.53% | 43.47% | 5.27% | 16.88% | 3.16% | 12.47% | 11.95% |
| Maritime | 52 | 0.87 | 8.21% | 66.36% | 26.20% | 4.77% | 5.49% | 2.86% | 33.64% | 6.41% |
| Medical Services | 178 | 1.10 | 9.28% | 83.91% | 65.30% | 6.02% | 16.18% | 3.61% | 16.09% | 8.36% |
| Medical Supplies | 274 | 1.43 | 10.89% | 92.56% | 71.34% | 6.02% | 11.47% | 3.61% | 7.44% | 10.34% |
| Metal Fabricating | 37 | 1.19 | 9.72% | 90.77% | 53.39% | 5.52% | 18.27% | 3.31% | 9.23% | 9.13% |
| Metals & Mining (Div.) | 78 | 1.05 | 9.07% | 93.84% | 87.77% | 6.02% | 7.73% | 3.61% | 6.16% | 8.73% |
| Natural Gas (Div.) | 31 | 0.93 | 8.46% | 76.90% | 29.43% | 4.77% | 22.37% | 2.86% | 23.10% | 7.17% |
| Natural Gas Utility | 26 | 0.78 | 7.74% | 60.12% | 31.45% | 5.02% | 25.92% | 3.01% | 39.88% | 5.85% |
| Newspaper | 18 | 1.21 | 9.83% | 66.65% | 27.94% | 4.77% | 22.27% | 2.86% | 33.35% | 7.51% |
| Office Equip/Supplies | 25 | 1.13 | 9.44% | 75.64% | 38.54% | 5.02% | 27.71% | 3.01% | 24.36% | 7.87% |
| Oil/Gas Distribution | 15 | 0.72 | 7.45% | 71.71% | 17.26% | 4.27% | 5.20% | 2.56% | 28.29% | 6.07% |
| Oilfield Svcs/Equip. | 113 | 1.10 | 9.29% | 89.88% | 44.27% | 5.27% | 20.11% | 3.16% | 10.12% | 8.67% |
| Packaging & Container | 35 | 1.12 | 9.40% | 65.58% | 43.46% | 5.27% | 21.03% | 3.16% | 34.42% | 7.25% |
| Paper/Forest Products | 39 | 0.93 | 8.47% | 71.00% | 36.74% | 5.02% | 14.27% | 3.01% | 29.00% | 6.89% |
| Petroleum (Integrated) | 26 | 1.02 | 8.91% | 92.62% | 35.52% | 5.02% | 32.20% | 3.01% | 7.38% | 8.47% |
| Petroleum (Producing) | 186 | 1.00 | 8.81% | 83.97% | 64.45% | 6.02% | 14.95% | 3.61% | 16.03% | 7.97% |
| Pharmacy Services | 19 | 1.07 | 9.13% | 91.08% | 34.38% | 5.02% | 21.25% | 3.01% | 8.92% | 8.58% |
| Power | 58 | 1.87 | 12.99% | 89.32% | 94.92% | 6.02% | 8.06% | 3.61% | 10.68% | 11.99% |
| Precious Metals | 84 | 1.11 | 9.34% | 93.29% | 65.41% | 6.02% | 4.90% | 3.61% | 6.71% | 8.96% |
| Precision Instrument | 103 | 1.66 | 11.97% | 90.58% | 99.31% | 6.02% | 16.50% | 3.61% | 9.42% | 11.18% |
| Property Management | 12 | 0.91 | 8.36% | 53.43% | 22.35% | 4.52% | 15.99% | 2.71% | 46.57% | 5.73% |
| Publishing | 40 | 1.35 | 10.50% | 74.49% | 42.89% | 5.27% | 15.56% | 3.16% | 25.51% | 8.63% |
| R.E.I.T. | 147 | 0.90 | 8.34% | 71.18% | 27.38% | 4.77% | 1.16% | 2.86% | 28.82% | 6.76% |
| Railroad | 16 | 1.23 | 9.91% | 79.33% | 31.95% | 5.02% | 32.19% | 3.01% | 20.67% | 8.48% |
| Recreation | 73 | 1.54 | 11.38% | 78.00% | 48.17% | 5.27% | 18.25% | 3.16% | 22.00% | 9.58% |
| Reinsurance | 11 | 1.01 | 8.88% | 93.94% | 20.75% | 4.52% | 10.70% | 2.71% | 6.06% | 8.50% |
| Restaurant | 75 | 0.93 | 8.47% | 87.46% | 47.71% | 5.27% | 20.74% | 3.16% | 12.54% | 7.80% |
| Retail (Special Lines) | 164 | 1.26 | 10.04% | 88.98% | 46.60% | 5.27% | 22.68% | 3.16% | 11.02% | 9.28% |
| Retail Automotive | 16 | 1.58 | 11.58% | 70.35% | 27.92% | 4.77% | 36.04% | 2.86% | 29.65% | 8.99% |
| Retail Building Supply | 9 | 1.23 | 9.92% | 83.76% | 25.89% | 4.77% | 37.24% | 2.86% | 16.24% | 8.77% |
| Retail Store | 42 | 1.11 | 9.34% | 85.26% | 44.82% | 5.27% | 24.46% | 3.16% | 14.74% | 8.43% |
| Securities Brokerage | 31 | 1.66 | 11.97% | 44.81% | 42.27% | 5.27% | 22.95% | 3.16% | 55.19% | 7.11% |
| Semiconductor | 138 | 2.59 | 16.44% | 95.67% | 63.57% | 6.02% | 11.65% | 3.61% | 4.33% | 15.88% |
| Semiconductor Equip | 16 | 2.51 | 16.04% | 91.82% | 37.16% | 5.02% | 25.66% | 3.01% | 8.18% | 14.97% |
| Shoe | 20 | 1.47 | 11.05% | 97.44% | 37.82% | 5.02% | 32.17% | 3.01% | 2.56% | 10.84% |
| Steel (General) | 26 | 1.71 | 12.21% | 90.08% | 37.43% | 5.02% | 30.16% | 3.01% | 9.92% | 11.30% |
| Steel (Integrated) | 14 | 1.97 | 13.48% | 84.10% | 64.44% | 6.02% | 23.94% | 3.61% | 15.90% | 11.91% |
| Telecom. Equipment | 124 | 1.98 | 13.49% | 94.78% | 75.79% | 6.02% | 12.78% | 3.61% | 5.22% | 12.97% |
| Telecom. Services | 152 | 1.34 | 10.42% | 74.79% | 73.68% | 6.02% | 12.42% | 3.61% | 25.21% | 8.71% |
| Thrift | 234 | 0.59 | 6.83% | 79.24% | 23.92% | 4.52% | 20.69% | 2.71% | 20.76% | 5.97% |
| Tobacco | 11 | 0.70 | 7.37% | 92.99% | 74.35% | 6.02% | 27.57% | 3.61% | 7.01% | 7.11% |
| Toiletries/Cosmetics | 21 | 0.85 | 8.11% | 86.04% | 37.37% | 5.02% | 18.34% | 3.01% | 13.96% | 7.39% |
| Trucking | 32 | 1.04 | 9.01% | 67.21% | 35.04% | 5.02% | 31.50% | 3.01% | 32.79% | 7.04% |
| Utility (Foreign) | 6 | 1.01 | 8.87% | 97.00% | 22.63% | 4.52% | 0.00% | 2.71% | 3.00% | 8.68% |
| Water Utility | 16 | 0.78 | 7.75% | 66.25% | 33.61% | 5.02% | 33.23% | 3.01% | 33.75% | 6.15% |
| Wireless Networking | 74 | 2.20 | 14.58% | 87.65% | 67.14% | 6.02% | 11.52% | 3.61% | 12.35% | 13.22% |
| Market | 7364 | 1.24 | 9.97% | 79.93% | 57.01% | 5.52% | 16.25% | 3.31% | 20.07% | 8.64% |