Frequently Asked Questions

• U.S. Cost of Capital Module: Estimate U.S. cost of capital with size premia, equity risk premia, betas and more.
• U.S. Industry Benchmarking Module: Access U.S. industry-level cost of capital inputs and benchmark data.
• International Cost of Capital Module: Quantify global country risk when estimating cost of capital.
• International Industry Benchmarking Module: Provides global industry-level inputs needed to estimate cost of equity capital, weighted average cost of capital (WACC), and industry-level benchmarks.

You can subscribe to any or all three Cost of Capital Navigator modules, each offering three annual subscription levels: Basic, Pro and Enterprise.

All modules include a Basic, Pro and Enterprise subscription that have the following features:

• Basic provides a one-year license to access the two most recent data years. Currently, the two most recent data years are the 2021 data year (with data through December 31, 2020), and the 2022 data year (with data through December 31, 2021).
• Pro provides a one-year license to access all available data years. Enterprise subscriptions are for 16 or more users, which includes all data years.
• Enterprise offers flexible pricing, based upon the number of licenses needed as well as discounted pricing for adding additional modules.

• U.S. Cost of Capital Module
  • Size premia and risk premia
  • Risk-free rates
  • Equity risk premia
  • Betas
  • Company lists
• U.S. Industry Benchmarking Module
  • Cost of equity, cost of debt and WACC estimates
  • Performance statistics
  • Valuation multiples
  • Levered and unlevered betas
  • Capital structure
• International Cost of Capital Module
  • Country risk premia (CRPs) for over 175 countries
  • Relative volatility (RV) factors for over 70 countries
  • Global equity risk premia and risk-free rates
  • Long-term inflation expectations
  • International industry-level betas (For Pro subscription only)
• International Industry Benchmarking Module
  • Cost of equity, cost of debt and WACC estimates
  • Performance statistics
  • Valuation multiples
  • Levered and unlevered betas
  • Capital structure
  • Company Lists

For the latest annual subscription fees for the Basic and Pro licenses by module, please visit:

• U.S. Cost of Capital Module
• U.S. Industry Benchmarking Module
• International Cost of Capital Module
• International Industry Benchmarking Module

If you would like to hear about Enterprise pricing, please contact us at [email protected]

Yes, we offer volume discount on license fees. In other words, for each additional licensed user added to your subscription, the price per user decreases. We also offer bundled product subscriptions. You can combine multiple modules of the Cost of Capital Navigator and ensure savings. Visit our online stores to learn more.

• U.S. Cost of Capital Module
• U.S. Industry Benchmarking Module
• International Cost of Capital Module
• International Industry Benchmarking Module

Yes. We offer a 14-day free trial subscription to each of our modules in the Cost of Capital Navigator. The trial subscription contains limited data: users are only able to select valuation dates from March 31, 2016 through June 30, 2016. At the end of 14 days, the trial will automatically get cancelled, and you will not be charged for any subscription.

You can pay for your subscription online though our e-commerce partner. Payment options include credit card and depending on your geographical location may also include PayPal and Amazon Pay. As per our terms and conditions, access to the Cost of Capital Navigator will be granted upon receipt of payment.

You can view the terms and conditions here.

You can estimate the number of licenses needed as follows:

• How many of your company’s offices have staff completing valuations?
• How many of your staff members analyze the cost of capital in doing valuations?

The greater of the answers to A and B are the recommended number of licenses to purchase. For example, a subscription for a single license is intended for an individual/sole proprietor providing valuation services. Firms with many project teams and analysts that need access to the data would choose a multi-license subscription.

Each subscriber gets a license to access the Cost of Capital Navigator and its data for one year from the date of purchase.

The data from the Cost of Capital Navigator can be used by only by the person who is assigned the license. It cannot be used or accessed by more than the number of licensed users. Please refer to the clause on “Benefitting Group” in the terms of use.

You can access U.S. size premia by deciles (i.e., the CRSP Deciles Size Study) by subscribing to the U.S. Cost of Capital Module.

Three of the four previously published Valuation Handbooks have been transitioned into the Cost of Capital Navigator. All the data, information, and content from these books are available exclusively in the Cost of Capital Navigator.

• The U.S. Cost of Capital Module replaces the previously published Valuation Handbook – U.S. Guide to Cost of Capital.
• The U.S. Industry Benchmarking Module replace the previously published Valuation Handbook – U.S. Industry Cost of Capital.
• The International Cost of Capital Module replaces the previously published Valuation Handbook – International Guide to Cost of Capital.
• The International Industry Benchmarking Module replaces the previously published Valuation Handbook – International Industry Cost of Capital.

Yes, you can purchase it by visiting our online store. The SBBI^® Yearbook includes U.S. capital markets performance statistics and is a thinking person’s guide to using historical data to understand the financial markets and make decisions. This book does not contain data on size premia, betas, industry risk premia, etc.

You can fill out the Contact Us form by visiting www.kroll.com/cost-of-capital, or email us at [email protected].

You can log into your account by visiting https://www.kroll.com/en/cost-of-capital/, and clicking on “Client Login” at the top right or by clicking here.

Please click here for a list of countries.