Cost of Capital by Sector (US)

Data Used: Multiple data services

Date of Analysis: Data used is as of January 2015

Download as an excel file instead: http://www.stern.nyu.edu/~adamodar/pc/datasets/wacc.xls

For global datasets: http://www.stern.nyu.edu/~adamodar/New_Home_Page/data.html

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
52
1.18
8.96%
66.39%
51.52%
3.67%
4.13%
2.20%
33.61%
6.69%
Aerospace/Defense
93
1.16
8.84%
84.07%
50.15%
3.67%
14.87%
3.12%
15.93%
7.93%
Air Transport
22
0.98
7.80%
55.09%
53.32%
3.67%
18.71%
2.98%
44.91%
5.64%
Apparel
64
0.99
7.88%
82.83%
56.24%
3.67%
11.16%
3.26%
17.17%
7.09%
Auto & Truck
22
1.09
8.47%
48.56%
43.52%
3.17%
4.45%
3.03%
51.44%
5.67%
Auto Parts
75
1.35
9.92%
77.73%
53.89%
3.67%
11.05%
3.26%
22.27%
8.44%
Bank (Money Center)
13
0.81
6.81%
31.38%
39.98%
3.17%
26.43%
2.33%
68.62%
3.74%
Banks (Regional)
676
0.53
5.20%
56.28%
37.41%
3.17%
20.66%
2.52%
43.72%
4.02%
Beverage (Alcoholic)
22
1.06
8.24%
82.05%
55.14%
3.67%
8.54%
3.36%
17.95%
7.36%
Beverage (Soft)
46
1.14
8.71%
81.27%
61.94%
3.67%
5.55%
3.47%
18.73%
7.73%
Broadcasting
28
1.30
9.62%
58.46%
62.12%
3.67%
18.34%
3.00%
41.54%
6.87%
Brokerage & Investment Banking
46
1.16
8.84%
24.78%
44.77%
3.17%
13.99%
2.73%
75.22%
4.24%
Building Materials
39
1.12
8.59%
75.62%
43.52%
3.17%
17.45%
2.62%
24.38%
7.13%
Business & Consumer Services
177
1.19
9.03%
76.68%
52.77%
3.67%
13.30%
3.18%
23.32%
7.67%
Cable TV
18
0.91
7.42%
69.06%
52.83%
3.67%
21.18%
2.89%
30.94%
6.02%
Chemical (Basic)
46
0.94
7.55%
71.27%
50.32%
3.67%
10.88%
3.27%
28.73%
6.32%
Chemical (Diversified)
10
1.17
8.91%
75.08%
41.14%
3.17%
22.47%
2.46%
24.92%
7.30%
Chemical (Specialty)
103
1.03
8.07%
82.40%
51.80%
3.67%
11.16%
3.26%
17.60%
7.22%
Coal & Related Energy
42
1.64
11.61%
47.53%
74.62%
4.17%
0.99%
4.13%
52.47%
7.69%
Computer Services
119
1.16
8.84%
78.39%
59.41%
3.67%
10.48%
3.29%
21.61%
7.64%
Computers/Peripherals
64
1.21
9.13%
91.35%
66.35%
4.17%
7.35%
3.86%
8.65%
8.68%
Construction Supplies
55
1.60
11.37%
68.78%
47.26%
3.17%
16.28%
2.65%
31.22%
8.65%
Diversified
23
1.00
7.91%
62.16%
32.85%
3.17%
13.96%
2.73%
37.84%
5.95%
Drugs (Biotechnology)
400
1.10
8.52%
92.18%
93.06%
5.17%
1.48%
5.09%
7.82%
8.25%
Drugs (Pharmaceutical)
151
1.03
8.08%
88.17%
75.04%
4.17%
4.58%
3.98%
11.83%
7.59%
Education
42
1.13
8.65%
71.72%
70.19%
4.17%
12.18%
3.66%
28.28%
7.24%
Electrical Equipment
126
1.24
9.29%
85.57%
65.34%
4.17%
5.99%
3.92%
14.43%
8.51%
Electronics (Consumer & Office)
28
1.37
10.06%
95.76%
56.16%
3.67%
4.50%
3.50%
4.24%
9.78%
Electronics (General)
189
1.03
8.08%
87.19%
69.01%
4.17%
8.64%
3.81%
12.81%
7.53%
Engineering/Construction
56
1.31
9.69%
78.55%
47.91%
3.17%
14.18%
2.72%
21.45%
8.19%
Entertainment
84
1.21
9.10%
78.42%
58.48%
3.67%
4.11%
3.52%
21.58%
7.90%
Environmental & Waste Services
103
1.28
9.56%
71.14%
65.61%
4.17%
6.31%
3.91%
28.86%
7.92%
Farming/Agriculture
37
0.84
7.02%
62.32%
41.59%
3.17%
9.36%
2.87%
37.68%
5.46%
Financial Svcs. (Non-bank & Insurance)
288
0.67
6.01%
7.65%
38.80%
3.17%
18.49%
2.58%
92.35%
2.85%
Food Processing
96
0.99
7.88%
78.61%
42.05%
3.17%
13.70%
2.74%
21.39%
6.78%
Food Wholesalers
14
1.41
10.29%
85.40%
35.73%
3.17%
13.47%
2.74%
14.60%
9.19%
Furn/Home Furnishings
27
1.09
8.44%
78.98%
54.24%
3.67%
14.48%
3.14%
21.02%
7.32%
Green & Renewable Energy
26
1.32
9.76%
47.63%
53.18%
3.67%
1.94%
3.60%
52.37%
6.53%
Healthcare Products
261
0.99
7.86%
86.46%
64.48%
3.67%
6.73%
3.42%
13.54%
7.26%
Healthcare Support Services
138
1.05
8.23%
78.95%
46.72%
3.17%
13.27%
2.75%
21.05%
7.08%
Heathcare Information and Technology
127
0.95
7.63%
83.51%
70.49%
4.17%
6.35%
3.91%
16.49%
7.02%
Homebuilding
35
1.29
9.57%
62.20%
53.78%
3.67%
18.11%
3.01%
37.80%
7.09%
Hospitals/Healthcare Facilities
56
0.97
7.76%
56.95%
43.11%
3.17%
10.93%
2.82%
43.05%
5.64%
Hotel/Gaming
80
1.18
8.96%
64.67%
49.55%
3.17%
11.41%
2.81%
35.33%
6.79%
Household Products
135
1.03
8.08%
84.11%
61.63%
3.67%
10.46%
3.29%
15.89%
7.32%
Information Services
67
1.11
8.58%
88.25%
42.71%
3.17%
17.93%
2.60%
11.75%
7.88%
Insurance (General)
24
1.03
8.09%
69.91%
35.35%
3.17%
19.21%
2.56%
30.09%
6.43%
Insurance (Life)
25
1.04
8.16%
58.40%
34.48%
3.17%
24.30%
2.40%
41.60%
5.76%
Insurance (Prop/Cas.)
52
0.83
6.94%
75.24%
36.73%
3.17%
22.18%
2.47%
24.76%
5.83%
Investments & Asset Management
148
1.10
8.48%
57.45%
41.63%
3.17%
6.84%
2.95%
42.55%
6.13%
Machinery
137
1.23
9.22%
83.03%
46.22%
3.17%
15.64%
2.67%
16.97%
8.11%
Metals & Mining
124
1.28
9.54%
66.36%
74.49%
4.17%
1.80%
4.10%
33.64%
7.71%
Office Equipment & Services
25
1.34
9.89%
65.84%
49.87%
3.17%
18.65%
2.58%
34.16%
7.39%
Oil/Gas (Integrated)
8
0.81
6.81%
90.04%
33.56%
3.17%
14.56%
2.71%
9.96%
6.41%
Oil/Gas (Production and Exploration)
392
1.27
9.45%
67.49%
71.93%
4.17%
7.04%
3.88%
32.51%
7.64%
Oil/Gas Distribution
85
0.96
7.71%
67.68%
43.15%
3.17%
4.68%
3.02%
32.32%
6.20%
Oilfield Svcs/Equip.
161
1.54
11.04%
78.35%
65.23%
4.17%
10.99%
3.71%
21.65%
9.46%
Packaging & Container
26
0.95
7.62%
67.30%
31.06%
3.17%
18.18%
2.59%
32.70%
5.97%
Paper/Forest Products
22
0.84
6.97%
66.22%
44.94%
3.17%
11.54%
2.80%
33.78%
5.57%
Power
82
0.83
6.94%
56.90%
29.70%
3.17%
20.77%
2.51%
43.10%
5.03%
Precious Metals
147
1.29
9.61%
71.02%
93.69%
5.17%
1.33%
5.10%
28.98%
8.30%
Publshing & Newspapers
43
1.15
8.77%
67.85%
50.42%
3.67%
14.93%
3.12%
32.15%
6.95%
R.E.I.T.
213
0.79
6.69%
53.05%
31.55%
3.17%
1.24%
3.13%
46.95%
5.02%
Real Estate (Development)
18
1.02
8.04%
68.77%
43.65%
3.17%
7.21%
2.94%
31.23%
6.45%
Real Estate (General/Diversified)
11
1.82
12.63%
78.39%
45.97%
3.17%
9.39%
2.87%
21.61%
10.52%
Real Estate (Operations & Services)
52
1.30
9.66%
63.56%
50.05%
3.67%
8.63%
3.35%
36.44%
7.36%
Recreation
68
1.21
9.14%
75.97%
50.41%
3.67%
11.25%
3.26%
24.03%
7.72%
Reinsurance
4
1.35
9.91%
72.68%
21.20%
2.67%
15.53%
2.26%
27.32%
7.82%
Restaurant/Dining
79
0.89
7.30%
78.20%
44.43%
3.17%
15.14%
2.69%
21.80%
6.30%
Retail (Automotive)
30
1.18
8.93%
66.58%
48.06%
3.17%
18.76%
2.58%
33.42%
6.81%
Retail (Building Supply)
5
1.44
10.46%
83.71%
50.71%
3.67%
30.64%
2.55%
16.29%
9.17%
Retail (Distributors)
90
1.12
8.58%
67.57%
52.06%
3.67%
16.84%
3.05%
32.43%
6.79%
Retail (General)
23
1.03
8.10%
76.12%
46.36%
3.17%
21.36%
2.49%
23.88%
6.76%
Retail (Grocery and Food)
21
1.05
8.20%
64.05%
51.83%
3.67%
22.94%
2.83%
35.95%
6.27%
Retail (Online)
46
1.40
10.19%
93.01%
70.16%
4.17%
9.38%
3.78%
6.99%
9.74%
Retail (Special Lines)
128
1.07
8.35%
70.70%
51.42%
3.67%
20.44%
2.92%
29.30%
6.76%
Rubber& Tires
4
1.02
8.04%
53.26%
49.54%
3.17%
13.58%
2.74%
46.74%
5.56%
Semiconductor
100
1.21
9.15%
90.29%
57.12%
3.67%
10.11%
3.30%
9.71%
8.58%
Semiconductor Equip
47
1.23
9.26%
85.01%
60.18%
3.67%
6.88%
3.42%
14.99%
8.38%
Shipbuilding & Marine
14
1.36
10.00%
65.10%
71.45%
4.17%
6.75%
3.89%
34.90%
7.87%
Shoe
13
0.84
7.01%
93.16%
40.80%
3.17%
20.15%
2.53%
6.84%
6.71%
Software (Entertainment)
20
1.12
8.58%
85.25%
69.84%
4.17%
1.46%
4.11%
14.75%
7.92%
Software (Internet)
327
1.29
9.57%
94.71%
72.48%
4.17%
5.07%
3.96%
5.29%
9.27%
Software (System & Application)
259
1.10
8.52%
91.16%
61.85%
3.67%
6.86%
3.42%
8.84%
8.07%
Steel
40
1.31
9.72%
60.96%
52.45%
3.67%
13.99%
3.16%
39.04%
7.16%
Telecom (Wireless)
21
1.15
8.78%
39.31%
53.05%
3.67%
5.76%
3.46%
60.69%
5.55%
Telecom. Equipment
126
1.24
9.32%
89.51%
62.74%
3.67%
8.70%
3.35%
10.49%
8.69%
Telecom. Services
77
1.07
8.31%
60.45%
55.60%
3.67%
11.83%
3.24%
39.55%
6.31%
Tobacco
20
1.09
8.41%
83.51%
41.74%
3.17%
12.39%
2.78%
16.49%
7.48%
Transportation
21
0.86
7.10%
82.62%
42.36%
3.17%
20.08%
2.53%
17.38%
6.31%
Transportation (Railroads)
10
1.05
8.19%
83.19%
30.73%
3.17%
21.30%
2.49%
16.81%
7.24%
Trucking
30
1.32
9.78%
60.00%
48.49%
3.17%
27.38%
2.30%
40.00%
6.79%
Unclassified
8
0.10
2.77%
79.20%
NA
#N/A
3.93%
#N/A
20.80%
#N/A
Utility (General)
21
0.59
5.58%
62.00%
23.02%
2.67%
30.59%
1.85%
38.00%
4.16%
Utility (Water)
19
1.09
8.41%
66.59%
38.21%
3.17%
15.10%
2.69%
33.41%
6.50%
Total Market
7887
1.06
8.29%
60.19%
53.60%
3.67%
10.76%
3.28%
39.81%
6.29%

 



Last Updated in January 2015
By Aswath Damodaran