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
Delphi Automotive PLCDLPHBBBConsumer CyclicalNarrow
Delta Air Lines IncDALB-IndustrialsNone
Dendreon CorpDNDNCCCHealthcareNone
Deutsche Bank AGDBKAFinancial ServicesNarrow
Deutsche Telekom AGDTEGYBBB-Communication ServicesNone
Devon Energy CorpDVNBBB+EnergyNarrow
Diageo PLCDEOA-Consumer DefensiveWide
Diamond Offshore Drilling, Inc.DOBBB+EnergyNone
DirectvDTVBBBCommunication ServicesNarrow
Discover Financial ServicesDFSBBB+Financial ServicesNarrow
Discovery Communications IncDISCABBBConsumer CyclicalNarrow
DISH Network CorpDISHUR-Communication ServicesNarrow
Dollar General CorporationDGBBB-Consumer DefensiveNone
Dominion Resources IncDBBB+UtilitiesNarrow
Dover CorporationDOVUR-IndustrialsNarrow
Dow Chemical CoDOWBBBBasic MaterialsNone
DR Horton IncDHIBB+Consumer CyclicalNone
Dr Pepper Snapple Group, Inc.DPSBBB+Consumer DefensiveNarrow
DTE Energy Holding CompanyDTEBBB+UtilitiesNarrow
Duke Energy CorporationDUKBBB+UtilitiesNarrow
E. On SEEOANBBB+UtilitiesNarrow
E.I. du Pont de Nemours & CompanyDDBBB+Basic MaterialsNarrow
Eaton Corporation PLCETNBBB+TechnologyNarrow
Eaton Vance CorporationEVAFinancial ServicesWide
eBay IncEBAYA+Consumer CyclicalWide
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").