Brief

Aswath Damodaran announced the 2026 update of his long-running equity risk premium paper, a practitioner-oriented reference he has revised annually since first publishing it in 2009. He frames ERP as a foundational variable across corporate finance, valuation, and financial planning, making the new SSRN release relevant to anyone setting hurdle rates, discount rates, or expected returns.

title: @AswathDamodaran: The equity risk premium (ERP) is an essential ingredient in hurdle rates in corp...
author: AswathDamodaran
contenttype: twitterpost
published: 2026-03-16T02:59:29+00:00
source_url: https://x.com/AswathDamodaran/status/2033377585351319903

word_count: 61

Tweet by @AswathDamodaran

The equity risk premium (ERP) is an essential ingredient in hurdle rates in corporate finance, discount rates in valuation and expected returns in financial planning. In 2009, I pulled together everything I know about the ERP, in a paper that I have updated every year since. My 2026 update is now available to download and it is written for practitioners. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=6361419…

Posted: 2026-03-16T02:59:29.000Z
Engagement: 2180 likes, 288 retweets, 43 replies