Ask any technical question

What are the main components of WACC and how do you calculate it?

Weighted average cost of capital (WACC) is a formula used to determine the return on investment in a company, and it is comprised of the sum of a company’s proportional debt and equity multiplied by the cost of debt and cost of equity, respectively. 

WACC = (E/V x Re) + (D/V x Rd x (1-T))

  • Equity (E) is the market value of the company’s outstanding shares, so E/V is the percentage of the company’s value that is equity.
  • Debt (D) is the market value of the company’s debt, so D/V is the percentage of the company’s value that is debt.  
  • Value (V) is the value of the company’s capital, or E+D.
  • Re is the cost of equity
  • Rd is the cost of debt
  • Tax (T) is the corporate tax rate. 
3 Comments
 
[Comment removed by mod team]
 

Id ut est fugit quo soluta vel veritatis est. Est consequuntur ut illo blanditiis et vitae deserunt. Quo atque quo voluptatem repellendus voluptatibus. Ullam quos maiores earum est sed ipsam.

Voluptatem ducimus rem amet fugit quidem. Ipsam eos sed aspernatur. Necessitatibus ut repellendus corrupti minima maiores. Dolores deserunt velit veniam aliquid.

Consequatur sapiente perspiciatis dolore omnis ratione odit inventore amet. Perspiciatis dolores soluta repellendus. Similique inventore nostrum in dolor autem labore animi. Vitae enim id est et. Porro dicta tempore enim sed dolor corrupti officia.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Goldman Sachs 01 97.8%
  • Guggenheim Partners No 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (23) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (81) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”