Cost
of Capital by SectorData Used: Value Line database, of 7036 firms
Date of Analysis: Data used is as of January 2010
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 | 36 | 1.60 | 10.83% | 57.89% | 121.35% | 7.84% | 13.01% | 6.82% | 42.11% | 9.14% |
| Aerospace/Defense | 67 | 1.19 | 9.02% | 81.34% | 66.36% | 7.84% | 20.05% | 6.27% | 18.66% | 8.51% |
| Air Transport | 44 | 1.06 | 8.47% | 58.57% | 81.01% | 7.84% | 17.63% | 6.46% | 41.43% | 7.64% |
| Apparel | 56 | 1.30 | 9.52% | 80.90% | 76.57% | 7.84% | 16.54% | 6.54% | 19.10% | 8.95% |
| Auto & Truck | 22 | 1.72 | 11.34% | 39.30% | 90.53% | 7.84% | 13.25% | 6.80% | 60.70% | 8.58% |
| Auto Parts | 54 | 1.75 | 11.46% | 66.12% | 74.38% | 7.84% | 12.09% | 6.89% | 33.88% | 9.91% |
| Bank | 481 | 0.75 | 7.11% | 33.53% | 49.04% | 6.34% | 17.50% | 5.23% | 66.47% | 5.86% |
| Bank (Canadian) | 7 | 0.86 | 7.61% | 85.88% | 28.26% | 5.34% | 14.94% | 4.54% | 14.12% | 7.18% |
| Bank (Midwest) | 39 | 0.96 | 8.03% | 47.50% | 45.15% | 6.34% | 20.65% | 5.03% | 52.50% | 6.46% |
| Beverage | 41 | 1.04 | 8.37% | 85.53% | 73.45% | 7.84% | 12.12% | 6.89% | 14.47% | 8.15% |
| Biotechnology | 121 | 1.10 | 8.62% | 87.12% | 104.46% | 7.84% | 4.46% | 7.49% | 12.88% | 8.47% |
| Building Materials | 53 | 1.45 | 10.14% | 54.41% | 85.39% | 7.84% | 14.56% | 6.70% | 45.59% | 8.57% |
| Cable TV | 24 | 1.69 | 11.22% | 53.99% | 73.64% | 7.84% | 21.86% | 6.13% | 46.01% | 8.88% |
| Canadian Energy | 10 | 1.18 | 8.96% | 76.42% | 36.29% | 5.84% | 26.99% | 4.26% | 23.58% | 7.85% |
| Chemical (Basic) | 17 | 1.27 | 9.38% | 83.08% | 53.62% | 6.84% | 21.59% | 5.36% | 16.92% | 8.70% |
| Chemical (Diversified) | 31 | 1.37 | 9.83% | 83.44% | 56.56% | 6.84% | 20.84% | 5.41% | 16.56% | 9.10% |
| Chemical (Specialty) | 97 | 1.29 | 9.47% | 77.51% | 82.15% | 7.84% | 12.86% | 6.83% | 22.49% | 8.88% |
| Coal | 21 | 1.67 | 11.13% | 80.85% | 62.27% | 7.84% | 13.15% | 6.81% | 19.15% | 10.30% |
| Computer Software/Svcs | 333 | 1.02 | 8.29% | 94.68% | 81.44% | 7.84% | 10.12% | 7.05% | 5.32% | 8.22% |
| Computers/Peripherals | 129 | 1.29 | 9.45% | 90.14% | 95.69% | 7.84% | 8.65% | 7.16% | 9.86% | 9.23% |
| Diversified Co. | 121 | 1.20 | 9.09% | 41.88% | 66.46% | 7.84% | 18.93% | 6.36% | 58.12% | 7.50% |
| Drug | 337 | 1.11 | 8.67% | 88.82% | 106.23% | 7.84% | 5.62% | 7.40% | 11.18% | 8.52% |
| E-Commerce | 56 | 1.18 | 8.96% | 91.96% | 65.57% | 7.84% | 13.50% | 6.78% | 8.04% | 8.79% |
| Educational Services | 38 | 0.75 | 7.12% | 93.27% | 66.15% | 7.84% | 24.06% | 5.95% | 6.73% | 7.04% |
| Electric Util. (Central) | 23 | 0.79 | 7.30% | 49.29% | 29.47% | 5.34% | 32.27% | 3.62% | 50.71% | 5.43% |
| Electric Utility (East) | 24 | 0.73 | 7.03% | 56.90% | 28.68% | 5.34% | 33.77% | 3.54% | 43.10% | 5.52% |
| Electric Utility (West) | 14 | 0.75 | 7.13% | 52.63% | 25.06% | 5.34% | 32.45% | 3.61% | 47.37% | 5.46% |
| Electrical Equipment | 87 | 1.41 | 9.99% | 85.54% | 80.10% | 7.84% | 14.07% | 6.74% | 14.46% | 9.52% |
| Electronics | 183 | 1.16 | 8.90% | 79.13% | 94.87% | 7.84% | 10.63% | 7.01% | 20.87% | 8.50% |
| Entertainment | 95 | 1.81 | 11.73% | 63.77% | 93.66% | 7.84% | 11.78% | 6.92% | 36.23% | 9.99% |
| Entertainment Tech | 35 | 1.32 | 9.58% | 89.51% | 90.65% | 7.84% | 6.28% | 7.35% | 10.49% | 9.35% |
| Environmental | 91 | 0.97 | 8.06% | 66.93% | 93.51% | 7.84% | 14.27% | 6.72% | 33.07% | 7.62% |
| Financial Svcs. (Div.) | 296 | 1.39 | 9.90% | 24.69% | 85.56% | 7.84% | 16.53% | 6.54% | 75.31% | 7.37% |
| Food Processing | 121 | 0.86 | 7.60% | 77.33% | 56.31% | 6.84% | 17.29% | 5.66% | 22.67% | 7.16% |
| Foreign Electronics | 9 | 1.13 | 8.76% | 77.45% | 36.76% | 5.84% | 10.71% | 5.21% | 22.55% | 7.96% |
| Funeral Services | 5 | 1.19 | 9.03% | 63.89% | 40.49% | 6.34% | 24.34% | 4.80% | 36.11% | 7.50% |
| Furn/Home Furnishings | 35 | 1.52 | 10.48% | 72.18% | 81.55% | 7.84% | 17.48% | 6.47% | 27.82% | 9.36% |
| Healthcare Information | 33 | 0.97 | 8.08% | 88.05% | 73.79% | 7.84% | 17.80% | 6.44% | 11.95% | 7.88% |
| Heavy Construction | 14 | 1.42 | 10.03% | 92.95% | 51.88% | 6.84% | 33.76% | 4.53% | 7.05% | 9.64% |
| Homebuilding | 28 | 1.45 | 10.17% | 49.42% | 80.36% | 7.84% | 1.42% | 7.73% | 50.58% | 8.93% |
| Hotel/Gaming | 74 | 1.74 | 11.45% | 53.79% | 104.09% | 7.84% | 12.93% | 6.83% | 46.21% | 9.31% |
| Household Products | 23 | 1.15 | 8.84% | 81.72% | 48.71% | 6.34% | 24.87% | 4.76% | 18.28% | 8.09% |
| Human Resources | 30 | 1.38 | 9.86% | 88.36% | 68.14% | 7.84% | 23.63% | 5.99% | 11.64% | 9.41% |
| Industrial Services | 168 | 1.07 | 8.51% | 74.65% | 74.47% | 7.84% | 17.89% | 6.44% | 25.35% | 7.99% |
| Information Services | 29 | 1.28 | 9.44% | 80.86% | 54.92% | 6.84% | 19.37% | 5.52% | 19.14% | 8.69% |
| Insurance (Life) | 31 | 1.38 | 9.84% | 73.09% | 81.20% | 7.84% | 22.47% | 6.08% | 26.91% | 8.83% |
| Insurance (Prop/Cas.) | 85 | 0.92 | 7.85% | 80.62% | 40.47% | 6.34% | 15.68% | 5.35% | 19.38% | 7.36% |
| Internet | 239 | 1.04 | 8.38% | 97.77% | 111.16% | 7.84% | 5.94% | 7.37% | 2.23% | 8.36% |
| Investment Co. | 19 | 0.76 | 7.16% | 62.79% | 43.18% | 6.34% | 0.00% | 6.34% | 37.21% | 6.85% |
| Investment Co.(Foreign) | 16 | 1.39 | 9.89% | 91.42% | 36.18% | 5.84% | 2.10% | 5.72% | 8.58% | 9.53% |
| Machinery | 130 | 1.32 | 9.60% | 68.12% | 68.56% | 7.84% | 20.41% | 6.24% | 31.88% | 8.53% |
| Manuf. Housing/RV | 15 | 1.21 | 9.11% | 96.17% | 78.83% | 7.84% | 14.80% | 6.68% | 3.83% | 9.01% |
| Maritime | 53 | 1.38 | 9.87% | 38.53% | 76.15% | 7.84% | 9.70% | 7.08% | 61.47% | 8.15% |
| Medical Services | 162 | 0.97 | 8.08% | 69.88% | 79.09% | 7.84% | 18.84% | 6.36% | 30.12% | 7.56% |
| Medical Supplies | 264 | 1.04 | 8.39% | 89.80% | 79.82% | 7.84% | 11.24% | 6.96% | 10.20% | 8.25% |
| Metal Fabricating | 36 | 1.54 | 10.55% | 84.18% | 81.30% | 7.84% | 18.10% | 6.42% | 15.82% | 9.90% |
| Metals & Mining (Div.) | 79 | 1.23 | 9.18% | 87.13% | 116.66% | 7.84% | 7.41% | 7.26% | 12.87% | 8.94% |
| Natural Gas (Div.) | 32 | 1.29 | 9.47% | 67.64% | 52.52% | 6.84% | 25.01% | 5.13% | 32.36% | 8.07% |
| Natural Gas Utility | 24 | 0.68 | 6.78% | 55.39% | 29.74% | 5.34% | 24.87% | 4.01% | 44.61% | 5.55% |
| Newspaper | 15 | 1.94 | 12.31% | 64.25% | 89.84% | 7.84% | 27.26% | 5.70% | 35.75% | 9.95% |
| Office Equip/Supplies | 25 | 1.19 | 9.05% | 63.76% | 63.47% | 7.84% | 22.62% | 6.07% | 36.24% | 7.97% |
| Oil/Gas Distribution | 19 | 0.89 | 7.71% | 61.94% | 55.25% | 6.84% | 7.15% | 6.35% | 38.06% | 7.19% |
| Oilfield Svcs/Equip. | 113 | 1.45 | 10.18% | 79.39% | 57.28% | 6.84% | 22.05% | 5.33% | 20.61% | 9.18% |
| Packaging & Container | 31 | 1.20 | 9.06% | 61.99% | 63.84% | 7.84% | 18.18% | 6.41% | 38.01% | 8.06% |
| Paper/Forest Products | 39 | 1.63 | 10.96% | 53.63% | 80.18% | 7.84% | 7.70% | 7.24% | 46.37% | 9.24% |
| Petroleum (Integrated) | 24 | 1.24 | 9.26% | 87.38% | 45.16% | 6.34% | 33.00% | 4.25% | 12.62% | 8.63% |
| Petroleum (Producing) | 198 | 1.16 | 8.90% | 78.73% | 89.88% | 7.84% | 11.27% | 6.96% | 21.27% | 8.48% |
| Pharmacy Services | 21 | 0.88 | 7.66% | 83.28% | 51.58% | 6.84% | 24.36% | 5.17% | 16.72% | 7.25% |
| Power | 77 | 1.23 | 9.20% | 49.12% | 96.52% | 7.84% | 7.00% | 7.29% | 50.88% | 8.23% |
| Precious Metals | 78 | 1.18 | 8.99% | 92.18% | 79.62% | 7.84% | 8.41% | 7.18% | 7.82% | 8.85% |
| Precision Instrument | 98 | 1.24 | 9.23% | 86.94% | 68.69% | 7.84% | 10.50% | 7.02% | 13.06% | 8.94% |
| Property Management | 20 | 1.63 | 10.95% | 34.26% | 51.41% | 6.84% | 9.03% | 6.22% | 65.74% | 7.84% |
| Public/Private Equity | 9 | 2.40 | 14.29% | 37.08% | 79.62% | 7.84% | 0.80% | 7.78% | 62.92% | 10.19% |
| Publishing | 30 | 1.43 | 10.09% | 58.71% | 65.19% | 7.84% | 15.54% | 6.62% | 41.29% | 8.66% |
| R.E.I.T. | 143 | 1.60 | 10.80% | 59.72% | 61.39% | 7.84% | 0.72% | 7.78% | 40.28% | 9.58% |
| Railroad | 15 | 1.29 | 9.48% | 75.21% | 43.76% | 6.34% | 27.39% | 4.60% | 24.79% | 8.27% |
| Recreation | 65 | 1.43 | 10.07% | 66.77% | 96.94% | 7.84% | 16.86% | 6.52% | 33.23% | 8.89% |
| Reinsurance | 8 | 1.07 | 8.51% | 84.97% | 35.62% | 5.84% | 4.17% | 5.60% | 15.03% | 8.07% |
| Restaurant | 68 | 1.34 | 9.70% | 81.64% | 75.60% | 7.84% | 19.86% | 6.28% | 18.36% | 9.07% |
| Retail (Special Lines) | 157 | 1.43 | 10.09% | 86.15% | 81.24% | 7.84% | 18.49% | 6.39% | 13.85% | 9.58% |
| Retail Automotive | 15 | 1.46 | 10.22% | 69.17% | 54.23% | 6.84% | 32.68% | 4.60% | 30.83% | 8.49% |
| Retail Building Supply | 7 | 0.95 | 7.98% | 83.95% | 38.69% | 5.84% | 27.05% | 4.26% | 16.05% | 7.38% |
| Retail Store | 43 | 1.35 | 9.71% | 78.75% | 69.17% | 7.84% | 18.42% | 6.40% | 21.25% | 9.01% |
| Retail/Wholesale Food | 32 | 0.73 | 7.01% | 79.26% | 43.97% | 6.34% | 30.39% | 4.41% | 20.74% | 6.47% |
| Securities Brokerage | 30 | 1.18 | 8.96% | 26.24% | 66.47% | 7.84% | 20.49% | 6.23% | 73.76% | 6.95% |
| Semiconductor | 125 | 1.56 | 10.64% | 92.54% | 75.05% | 7.84% | 10.85% | 6.99% | 7.46% | 10.37% |
| Semiconductor Equip | 14 | 1.93 | 12.24% | 93.21% | 64.97% | 7.84% | 16.66% | 6.53% | 6.79% | 11.86% |
| Shoe | 19 | 1.34 | 9.66% | 96.57% | 56.36% | 6.84% | 22.11% | 5.33% | 3.43% | 9.51% |
| Steel (General) | 20 | 1.61 | 10.84% | 76.45% | 53.15% | 6.84% | 22.29% | 5.32% | 23.55% | 9.54% |
| Steel (Integrated) | 15 | 1.85 | 11.93% | 71.79% | 67.12% | 7.84% | 22.94% | 6.04% | 28.21% | 10.27% |
| Telecom. Equipment | 115 | 1.15 | 8.84% | 90.17% | 80.02% | 7.84% | 13.79% | 6.76% | 9.83% | 8.63% |
| Telecom. Services | 140 | 1.10 | 8.64% | 68.01% | 82.51% | 7.84% | 12.80% | 6.84% | 31.99% | 8.06% |
| Thrift | 227 | 0.73 | 7.03% | 82.14% | 46.79% | 6.34% | 11.90% | 5.59% | 17.86% | 6.77% |
| Tobacco | 12 | 0.78 | 7.25% | 81.34% | 63.16% | 7.84% | 26.03% | 5.80% | 18.66% | 6.98% |
| Toiletries/Cosmetics | 19 | 1.23 | 9.19% | 79.16% | 68.11% | 7.84% | 26.27% | 5.78% | 20.84% | 8.48% |
| Trucking | 33 | 1.30 | 9.52% | 53.97% | 55.24% | 6.84% | 30.87% | 4.73% | 46.03% | 7.31% |
| Utility (Foreign) | 5 | 1.07 | 8.50% | 49.69% | 33.85% | 5.84% | 12.11% | 5.13% | 50.31% | 6.80% |
| Water Utility | 15 | 0.82 | 7.40% | 53.20% | 47.29% | 6.34% | 31.16% | 4.36% | 46.80% | 5.98% |
| Wireless Networking | 60 | 1.50 | 10.40% | 83.45% | 84.03% | 7.84% | 9.92% | 7.06% | 16.55% | 9.85% |
| Total Market | 7036 | 1.17 | 8.93% | 66.67% | 74.99% | 7.84% | 14.07% | 6.74% | 33.33% | 8.20% |