Morningstar Corporate Credit Ratings

Our forward-looking credit rating methodology is underpinned by our equity analysts' fundamental research, expectations of future cash flows, and robust financial risk measures. Four key scores roll up into each company's rating: business risk, cash-flow cushion, solvency score, and distance to default.

Company Name

Ticker
Morningstar
Credit Rating

Sector
Stock
Star Rating
Economic
Moat
Expedia IncEXPEBBBConsumer CyclicalNarrow
Express ScriptsESRXA-HealthcareWide
Exxon Mobil CorporationXOMAAAEnergyWide
FedEx CorpFDXBBB+IndustrialsNarrow
Fidelity National Information Services IncFISBBBTechnologyNarrow
Fifth Third BancorpFITBA-Financial ServicesNarrow
Firstmerit CorpFMERBBB+Financial ServicesNarrow
Fiserv IncFISVBBB+IndustrialsWide
Fluor CorpFLRAIndustrialsNone
FMC Technologies IncFTIBBB+EnergyNarrow
Ford Motor CoFBBB-Consumer CyclicalNone
Franklin Resources IncBENAA-Financial ServicesWide
Freeport-McMoRan IncFCXBBB-Basic MaterialsNone
Fresenius Medical Care AG & Co. KGaAFMSBB+HealthcareNarrow
Frontier Communications CorpFTRBBCommunication ServicesNarrow
Fulton Financial CorpFULTBBB+Financial ServicesNone
Gannett Co IncGCIURConsumer CyclicalNarrow
Gap IncGPSBBB-Consumer CyclicalNarrow
General Dynamics CorpGDAIndustrialsWide
General Electric CoGEAA-IndustrialsWide
General Mills IncGISAConsumer DefensiveNarrow
General Motors CoGMBBB-Consumer CyclicalNone
Gerdau SAGGBBBB-Basic MaterialsNone
Gilead Sciences IncGILDA+HealthcareWide
GlaxoSmithKline PLCGSKA+HealthcareWide
Morningstar's Credit Ratings & Research is produced and offered by Morningstar, Inc., which is not registered with the U.S. Securities and Exchange Commission as a Nationally Recognized Statistical Rating Organization ("NRSRO").