Tenable Holdings Inc (TENB) WACC Analysis

As of June 15, 2025, Tenable Holdings Inc (TENB) carries a Weighted Average Cost of Capital (WACC) of 10.2%. WACC reflects the blended rate Tenable Holdings Inc must pay to both equity and debt holders.

Within that, the cost of equity is 9.3%, the cost of debt is 5.0%, and the effective tax rate is 12.5%.

Breakdown of WACC Components

• Long-term bond rate: 3.9% – 4.4%
• Equity market risk premium: 4.6% – 5.6%
• Adjusted beta: 1.19 – 1.31
• Additional risk adjustment: 0.0% – 0.5%
• Debt-to-equity ratio: 0.09

What It Means for Investors

With a selected WACC of 10.2%, Tenable Holdings Inc must ensure any new investment returns exceed this threshold to generate shareholder value. This level reflects a relatively high financing requirement.