A compact four-component two-dimensional （2-D） finite-difference frequency domain （FDFD） method with the equivalent surface impedance boundary condition is used to analyze the dispersion characteristics of multilayer metal-coated waveguides. According to the equivalent surface impedance boundary condition,the relationship between transverse field components on the boundary can be easily depicted. Once the eigen equation is solved,the propagation constant can be obtained as the eigen value for a given frequency. Results of the proposed method agaree well with those of high frequency structure simulator（HFSS）.
