Kroll Historical Cost of Capital Inputs
Source: Kroll website; Recommended U.S. Equity Risk Premium and Corresponding Risk-Free Rates
| Date Range | Risk-free Rate (Rf) | Equity Risk Premium (ERP) |
|---|---|---|
| June 5, 2024 - Until Further Notice | 3.50 | 5.00 |
| June 8, 2023 - June 4, 2024 | 3.50 | 5.50 |
| October 18, 2022 - June 7, 2023 | 3.50 | 6.00 |
| June 16, 2022 - October 17, 2022 | 3.50 | 5.50 |
| April 7, 2022 - June 15, 2022 | 3.00 | 5.50 |
| December 7, 2020 - April 6, 2022 | 2.50 | 5.50 |
| June 30, 2020 - December 6, 2020 | 2.50 | 6.00 |
| March 25, 2020 - June 29, 2020 | 3.00 | 6.00 |
| December 19, 2019 - March 24, 2020 | 3.00 | 5.00 |
| September 30, 2019 - December 18, 2019 | 3.00 | 5.50 |
| December 31, 2018 - September 29, 2019 | 3.50 | 5.50 |
| September 5, 2017 - December 30, 2018 | 3.50 | 5.00 |
| November 15, 2016 - September 4, 2017 | 3.50 | 5.50 |
| January 31, 2016 - November 14, 2016 | 4.00 | 5.50 |
| December 31, 2015 | 4.00 | 5.00 |
| December 31, 2014 | 4.00 | 5.00 |
| December 31, 2013 | 4.00 | 5.00 |
| February 28, 2013 - January 30, 2016 | 4.00 | 5.00 |
| December 31, 2012 | 4.00 | 5.50 |
| January 15, 2012 - February 27, 2013 | 4.00 | 5.50 |
| December 31, 2011 | 4.00 | 6.00 |
| September 30, 2011 - January 14, 2012 | 4.00 | 6.00 |
| July 1, 2011 - September 29, 2011 | 4.00 | 5.50 |
| June 1, 2011 - June 30, 2011 | Spot | 5.50 |
| May 1, 2011 - May 31, 2011 | 4.00 | 5.50 |
| December 31, 2010 | Spot | 5.50 |
| December 1, 2010 - April 30, 2011 | Spot | 5.50 |
| June 1, 2010 - November 30, 2010 | 4.00 | 5.50 |
| December 31, 2009 | Spot | 5.50 |
| December 1, 2009 - May 31, 2010 | Spot | 5.50 |
| June 1, 2009 - November 30, 2009 | Spot | 6.00 |
| December 31, 2008 | 4.50 | 6.00 |
| November 1, 2008 - May 31, 2009 | 4.50 | 6.00 |
| October 27, 2008 - October 31, 2008 | Spot | 6.00 |
| January 1, 2008 - October 26, 2008 | Spot | 5.00 |