Cost of Capital by Sector (US)

Data Used: Multiple data services

Date of Analysis: Data used is as of January 2018

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

Advertising 40 1.15 8.27% 57.51% 80.95% 6.91% 6.38% 5.25% 42.49% 6.99%
Aerospace/Defense 87 1.08 7.91% 84.42% 49.06% 3.91% 11.59% 2.97% 15.58% 7.14%
Air Transport 17 1.01 7.54% 58.48% 40.20% 3.91% 24.57% 2.97% 41.52% 5.64%
Apparel 51 1.02 7.58% 74.52% 59.71% 3.91% 10.35% 2.97% 25.48% 6.40%
Auto & Truck 18 1.20 8.49% 40.31% 38.59% 3.61% 8.15% 2.74% 59.69% 5.06%
Auto Parts 62 1.04 7.68% 77.94% 56.74% 3.91% 7.71% 2.97% 22.06% 6.64%
Bank (Money Center) 11 0.64 5.65% 38.87% 33.37% 3.61% 27.31% 2.74% 61.13% 3.87%
Banks (Regional) 612 0.50 4.96% 63.02% 32.08% 3.61% 25.57% 2.74% 36.98% 4.14%
Beverage (Alcoholic) 28 1.33 9.15% 79.27% 50.14% 3.91% 10.12% 2.97% 20.73% 7.87%
Beverage (Soft) 35 0.70 5.99% 81.26% 45.33% 3.91% 6.41% 2.97% 18.74% 5.42%
Broadcasting 27 1.12 8.10% 47.13% 52.30% 3.91% 17.18% 2.97% 52.87% 5.39%
Brokerage & Investment Banking 42 1.24 8.70% 31.26% 42.48% 3.91% 14.56% 2.97% 68.74% 4.76%
Building Materials 39 1.11 8.04% 82.33% 41.01% 3.91% 23.34% 2.97% 17.67% 7.15%
Business & Consumer Services 169 1.17 8.35% 78.47% 49.45% 3.91% 11.09% 2.97% 21.53% 7.19%
Cable TV 14 0.92 7.09% 65.34% 36.33% 3.61% 22.23% 2.74% 34.66% 5.58%
Chemical (Basic) 38 1.20 8.49% 70.78% 59.39% 3.91% 9.76% 2.97% 29.22% 6.88%
Chemical (Diversified) 7 2.03 12.74% 78.63% 68.62% 4.66% 11.66% 3.54% 21.37% 10.78%
Chemical (Specialty) 99 1.11 8.07% 77.52% 59.69% 3.91% 9.64% 2.97% 22.48% 6.93%
Coal & Related Energy 30 1.25 8.75% 68.77% 90.61% 8.16% 4.94% 6.20% 31.23% 7.96%
Computer Services 111 1.10 8.00% 76.43% 48.53% 3.91% 9.40% 2.97% 23.57% 6.82%
Computers/Peripherals 58 1.01 7.54% 84.62% 61.38% 3.91% 5.03% 2.97% 15.38% 6.84%
Construction Supplies 49 1.12 8.10% 75.49% 45.67% 3.91% 17.36% 2.97% 24.51% 6.85%
Diversified 24 1.19 8.48% 75.48% 26.82% 3.61% 12.09% 2.74% 24.52% 7.07%
Drugs (Biotechnology) 459 1.44 9.72% 86.33% 94.78% 8.16% 1.36% 6.20% 13.67% 9.24%
Drugs (Pharmaceutical) 185 1.21 8.55% 87.24% 85.70% 6.91% 2.11% 5.25% 12.76% 8.13%
Education 34 1.15 8.27% 72.03% 53.59% 3.91% 8.24% 2.97% 27.97% 6.79%
Electrical Equipment 118 1.08 7.92% 86.32% 66.17% 4.66% 5.06% 3.54% 13.68% 7.32%
Electronics (Consumer & Office) 24 1.09 7.96% 93.51% 70.22% 4.66% 5.98% 3.54% 6.49% 7.67%
Electronics (General) 167 0.94 7.17% 86.98% 60.25% 3.91% 8.34% 2.97% 13.02% 6.63%
Engineering/Construction 49 1.27 8.86% 77.09% 53.02% 3.91% 13.37% 2.97% 22.91% 7.51%
Entertainment 90 1.15 8.26% 74.77% 54.94% 3.91% 5.45% 2.97% 25.23% 6.93%
Environmental & Waste Services 87 0.88 6.87% 74.15% 65.74% 4.66% 4.45% 3.54% 25.85% 6.01%
Farming/Agriculture 34 0.74 6.19% 64.29% 42.57% 3.91% 7.69% 2.97% 35.71% 5.04%
Financial Svcs. (Non-bank & Insurance) 264 0.61 5.49% 8.83% 36.63% 3.61% 19.89% 2.74% 91.17% 2.99%
Food Processing 87 0.68 5.84% 76.44% 41.18% 3.91% 15.13% 2.97% 23.56% 5.17%
Food Wholesalers 15 1.79 11.48% 72.75% 55.42% 3.91% 11.91% 2.97% 27.25% 9.16%
Furn/Home Furnishings 31 0.79 6.42% 78.21% 51.26% 3.91% 12.56% 2.97% 21.79% 5.67%
Green & Renewable Energy 22 1.20 8.51% 50.45% 60.29% 3.91% 2.41% 2.97% 49.55% 5.77%
Healthcare Products 251 0.94 7.19% 85.41% 66.92% 4.66% 4.79% 3.54% 14.59% 6.66%
Healthcare Support Services 115 0.90 6.97% 80.11% 57.44% 3.91% 13.69% 2.97% 19.89% 6.17%
Heathcare Information and Technology 112 0.98 7.38% 83.83% 58.64% 3.91% 5.96% 2.97% 16.17% 6.67%
Homebuilding 32 1.11 8.04% 71.61% 44.70% 3.91% 23.86% 2.97% 28.39% 6.60%
Hospitals/Healthcare Facilities 35 1.18 8.40% 36.16% 60.63% 3.91% 10.57% 2.97% 63.84% 4.93%
Hotel/Gaming 70 0.94 7.18% 71.48% 45.51% 3.91% 14.01% 2.97% 28.52% 5.98%
Household Products 131 1.00 7.47% 82.63% 56.30% 3.91% 7.35% 2.97% 17.37% 6.69%
Information Services 61 0.88 6.89% 86.42% 41.35% 3.91% 15.90% 2.97% 13.58% 6.36%
Insurance (General) 21 0.78 6.39% 72.20% 37.21% 3.61% 14.71% 2.74% 27.80% 5.38%
Insurance (Life) 25 1.01 7.53% 63.67% 37.34% 3.61% 15.32% 2.74% 36.33% 5.79%
Insurance (Prop/Cas.) 50 0.84 6.67% 79.10% 34.65% 3.61% 18.50% 2.74% 20.90% 5.85%
Investments & Asset Management 165 0.99 7.43% 70.38% 41.00% 3.91% 8.30% 2.97% 29.62% 6.11%
Machinery 126 1.15 8.25% 83.51% 43.17% 3.91% 14.05% 2.97% 16.49% 7.38%
Metals & Mining 102 1.10 8.01% 76.61% 82.33% 6.91% 1.66% 5.25% 23.39% 7.37%
Office Equipment & Services 24 1.37 9.39% 65.94% 49.66% 3.91% 18.37% 2.97% 34.06% 7.20%
Oil/Gas (Integrated) 5 1.37 9.38% 86.74% 20.21% 3.11% 10.96% 2.36% 13.26% 8.45%
Oil/Gas (Production and Exploration) 311 1.26 8.80% 70.47% 78.88% 6.91% 2.18% 5.25% 29.53% 7.76%
Oil/Gas Distribution 16 1.21 8.54% 51.70% 62.79% 3.91% 4.84% 2.97% 48.30% 5.85%
Oilfield Svcs/Equip. 130 1.23 8.64% 76.35% 73.29% 4.66% 5.27% 3.54% 23.65% 7.44%
Packaging & Container 25 0.74 6.16% 66.57% 27.67% 3.61% 22.37% 2.74% 33.43% 5.02%
Paper/Forest Products 21 1.20 8.50% 71.42% 56.81% 3.91% 14.18% 2.97% 28.58% 6.92%
Power 61 0.50 4.97% 56.70% 31.23% 3.61% 20.31% 2.74% 43.30% 4.01%
Precious Metals 111 0.96 7.30% 84.85% 91.35% 8.16% 2.16% 6.20% 15.15% 7.14%
Publishing & Newspapers 41 1.02 7.59% 69.21% 54.14% 3.91% 11.92% 2.97% 30.79% 6.17%
R.E.I.T. 244 0.66 5.76% 56.02% 32.14% 3.61% 1.96% 2.74% 43.98% 4.43%
Real Estate (Development) 20 0.75 6.22% 68.82% 44.27% 3.91% 5.80% 2.97% 31.18% 5.21%
Real Estate (General/Diversified) 10 0.75 6.20% 80.90% 41.07% 3.91% 12.77% 2.97% 19.10% 5.58%
Real Estate (Operations & Services) 60 1.02 7.60% 68.16% 54.01% 3.91% 8.82% 2.97% 31.84% 6.13%
Recreation 70 0.85 6.73% 77.17% 50.85% 3.91% 10.16% 2.97% 22.83% 5.87%
Reinsurance 3 0.52 5.06% 78.29% 18.99% 3.11% 10.92% 2.36% 21.71% 4.47%
Restaurant/Dining 81 0.85 6.73% 75.64% 48.41% 3.91% 14.99% 2.97% 24.36% 5.81%
Retail (Automotive) 25 1.01 7.55% 56.83% 42.62% 3.91% 19.04% 2.97% 43.17% 5.57%
Retail (Building Supply) 8 0.86 6.76% 84.85% 53.44% 3.91% 15.36% 2.97% 15.15% 6.19%
Retail (Distributors) 92 1.15 8.25% 68.69% 49.24% 3.91% 14.20% 2.97% 31.31% 6.59%
Retail (General) 18 1.05 7.74% 76.25% 49.94% 3.91% 22.96% 2.97% 23.75% 6.61%
Retail (Grocery and Food) 14 0.71 6.00% 54.44% 45.73% 3.91% 21.04% 2.97% 45.56% 4.62%
Retail (Online) 61 1.18 8.41% 89.76% 60.64% 3.91% 7.57% 2.97% 10.24% 7.86%
Retail (Special Lines) 106 1.11 8.05% 65.36% 59.68% 3.91% 22.01% 2.97% 34.64% 6.29%
Rubber& Tires 4 0.95 7.25% 56.18% 56.24% 3.91% 7.91% 2.97% 43.82% 5.38%
Semiconductor 72 1.17 8.37% 88.42% 52.68% 3.91% 8.04% 2.97% 11.58% 7.74%
Semiconductor Equip 45 0.98 7.40% 89.66% 61.04% 3.91% 8.51% 2.97% 10.34% 6.94%
Shipbuilding & Marine 9 1.34 9.22% 68.05% 94.40% 8.16% 8.31% 6.20% 31.95% 8.26%
Shoe 11 0.88 6.89% 91.20% 44.39% 3.91% 16.75% 2.97% 8.80% 6.54%
Software (Entertainment) 13 0.89 6.94% 93.94% 49.61% 3.91% 2.21% 2.97% 6.06% 6.70%
Software (Internet) 305 1.20 8.52% 96.79% 65.60% 4.66% 2.50% 3.54% 3.21% 8.36%
Software (System & Application) 255 1.09 7.93% 87.61% 53.27% 3.91% 3.98% 2.97% 12.39% 7.32%
Steel 37 1.82 11.64% 73.41% 70.40% 4.66% 7.05% 3.54% 26.59% 9.49%
Telecom (Wireless) 18 1.30 9.02% 45.46% 54.46% 3.91% 7.95% 2.97% 54.54% 5.72%
Telecom. Equipment 104 1.03 7.67% 82.83% 57.87% 3.91% 8.12% 2.97% 17.17% 6.86%
Telecom. Services 66 1.08 7.91% 55.70% 52.57% 3.91% 8.05% 2.97% 44.30% 5.72%
Tobacco 24 1.26 8.82% 85.37% 45.16% 3.91% 5.25% 2.97% 14.63% 7.97%
Transportation 18 0.95 7.23% 76.91% 46.36% 3.91% 21.92% 2.97% 23.09% 6.25%
Transportation (Railroads) 8 1.01 7.52% 81.52% 29.77% 3.61% 23.82% 2.74% 18.48% 6.64%
Trucking 30 1.20 8.50% 58.89% 54.25% 3.91% 20.56% 2.97% 41.11% 6.23%
Utility (General) 18 0.29 3.90% 59.79% 20.67% 3.11% 30.89% 2.36% 40.21% 3.28%
Utility (Water) 23 0.34 4.15% 72.39% 34.50% 3.61% 15.09% 2.74% 27.61% 3.76%
Total Market 7247 1.00 7.49% 62.89% 53.52% 3.91% 10.04% 2.97% 37.11% 5.81%
Total Market (without financials) 6057 1.07 7.84% 76.49% 57.16% 3.91% 7.92% 2.97% 23.51% 6.69%

Last Updated in January 2018
By Aswath Damodaran