List Of Top S&P 500 Corporations By Credit Rating - November 2021 | Seeking Alpha

List Of Top S&P 500 Corporations By Credit Rating - November 2021

Nov. 15, 2021 7:23 AM ETMSFT, JNJ, AAPL, AMZN, GOOGL, GOOG, BRK.B, V, PG, XOM, CSCO, ACN, CVX, NKE, WMT, BLK, ADP, CME, CL, NVDA, JPM, UNH, HD, BAC, MA, ADBE, CRM, PFE, CMCSA, PYPL, PEP, ABT, COST, KO, MRK, LLY, INTC, QCOM, LIN, TXN, NEE, INTU, MDT, UNP, HON, UPS, PM, AMAT, RTX, NOW, BMY, TGT, SCHW, AMGN, CAT, PLD10 Comments
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Summary

  • Up-to-date lists ranking the best S&P 500 companies based on S&P Globals Ratings are hard to find.
  • Here, we list only corporations that belong to the top four categories: “AAA” or extremely strong , “AA+, AA, AA-” or very strong, “A+, A, A-” or strong, and “BBB+”.
  • Inside the categories, companies are ranked by weight, from largest to smallest.
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Introduction

Standard & Poor's is one of the most prestigious credit rating agencies, assigning letter grades to companies and countries and the debt they issue on a scale of AAA to D, indicating their degree of investment risk. Our collection only features the best, from AAA to BBB+.

Credit ratings are forward looking opinions about an issuer’s relative creditworthiness. They provide a common and transparent global language for investors to form a view on and compare the relative likelihood of whether an issuer may repay its debts on time and in full. Credit Ratings are just one of many inputs that investors and other market participants can consider as part of their decision-making processes.

Rating Outlooks

An S&P Global Ratings outlook assesses the potential direction of a long-term credit rating over the intermediate term (typically six months to two years). In determining a rating outlook, consideration is given to any changes in the economic and/or fundamental business conditions. An outlook is not necessarily a precursor of a rating change or future CreditWatch action.

• Positive means that a rating may be raised.

• Negative means that a rating may be lowered.

• Stable means that a rating is not likely to change.

• Developing means a rating may be raised or lowered.

• N.M. means not meaningful.

Investors want to make sure that the companies the buy into are worthy of their trust. A list ranking the top S&P 500 companies surely come in handy.

“AAA” or Extremely strong

A company rated 'AAA' has extremely strong capacity to meet its financial commitments and has a high level of creditworthiness. Debt issuers with the highest ratings have the strongest capacity to repay investors.

'AAA' is the highest issuer credit rating.

Company

Symbol

Weight

SP Rating

Outlook

Last update

Microsoft Corporation

MSFT

6.30

AAA

Stable

27-Jul-2021

Johnson & Johnson

JNJ

1.10

AAA

Negative

12-Nov-2021

“AA+, AA, AA-” or Very strong

A company rated 'AA' has very strong capacity to meet its financial commitments. It differs from the highest-rated obligors only to a small degree.

Company

Symbol

Weight

SP Rating

Outlook

Last update

Apple Inc.

AAPL

5.89

AA+

Stable

18-May-2021

Amazon.com Inc.

AMZN

3.85

AA

Stable

10-Jun-2021

Alphabet Inc. Class A

GOOGL

2.23

AA+

Stable

19-Feb-2021

Alphabet Inc. Class C

GOOG

2.10

AA+

Stable

19-Feb-2021

Berkshire Hathaway Inc. Class B

BRK.B

1.34

AA

Stable

27-Oct-2021

Visa Inc. Class A

V

0.92

AA-

Stable

06-Jul-2021

Procter & Gamble Company

PG

0.90

AA-

Stable

25-Jan-2021

Exxon Mobil Corporation

XOM

0.69

AA-

Negative

07-Oct-2021

Cisco Systems Inc.

CSCO

0.62

AA-

Stable

12-Nov-2021

Accenture Plc Class A

ACN

0.59

AA-

Stable

11-Aug-2021

Chevron Corporation

CVX

0.56

AA-

Stable

23-Sep-2021

NIKE Inc. Class B

NKE

0.55

AA-

Stable

18-Oct-2021

Walmart Inc.

WMT

0.54

AA

Stable

20-May-2021

BlackRock Inc.

BLK

0.35

AA-

Stable

16-Jun-2021

Automatic Data Processing Inc.

ADP

0.25

AA-

Stable

11-May-2021

CME Group Inc. Class A

CME

0.20

AA-

Stable

20-Aug-2021

Colgate-Palmolive Company

CL

0.17

AA-

Stable

02-Sep-2021

“A+, A, A-” or Strong

An obligor rated 'A' has strong capacity to meet its financial commitments but is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than obligors in higher-rated categories.

Company

Symbol

Weight

SP Rating

Outlook

Last update

NVIDIA Corporation

NVDA

1.86

A-

Stable

24-Aug-2021

JPMorgan Chase & Co.

JPM

1.27

A-

Positive

24-May-2021

UnitedHealth Group Incorporated

UNH

1.10

A+

Stable

22-Jul-2021

Home Depot Inc.

HD

0.99

A

Stable

19-Aug-2021

Bank of America Corp

BAC

0.89

A-

Positive

24-May-2021

Mastercard Incorporated Class A

MA

0.79

A+

Stable

07-Jul-2021

Adobe Inc.

ADBE

0.78

A+

Stable

16-Jul-2021

salesforce.com inc.

CRM

0.74

A+

Stable

29-Jun-2021

Pfizer Inc.

PFE

0.70

A+

Stable

16-Nov-2020

Comcast Corporation Class A

CMCSA

0.63

A-

Stable

19-Aug-2021

PayPal Holdings Inc.

PYPL

0.61

A-

Stable

03-Jun-2021

PepsiCo Inc.

PEP

0.58

A+

Stable

05-Oct-2021

Abbott Laboratories

ABT

0.57

A+

Positive

15-Jul-2021

Costco Wholesale Corporation

COST

0.57

A+

Stable

12-Nov-2020

Coca-Cola Company

KO

0.56

A+

Negative

12-Oct-2021

Merck & Co. Inc.

MRK

0.54

A+

Stable

03-Jun-2021

Eli Lilly and Company

LLY

0.53

A+

Negative

19-Mar-2021

Intel Corporation

INTC

0.52

A+

Stable

21-May-2021

Qualcomm Inc

QCOM

0.46

A-

Stable

03-Mar-2021

Linde plc

LIN

0.44

A

Stable

26-May-2021

Texas Instruments Incorporated

TXN

0.44

A+

Stable

21-Jan-2021

NextEra Energy Inc.

NEE

0.42

A-

Stable

14-Jun-2021

Intuit Inc.

INTU

0.42

A-

Stable

20-Sep-2021

Medtronic Plc

MDT

0.42

A

Stable

18-Aug-2021

Union Pacific Corporation

UNP

0.40

A-

Stable

23-Aug-2021

Honeywell International Inc.

HON

0.39

A

Stable

23-Jun-2021

United Parcel Service Inc. Class B

UPS

0.39

A-

Stable

02-Jun-2021

Philip Morris International Inc.

PM

0.37

A

Stable

23-Mar-2021

Applied Materials Inc.

AMAT

0.35

A

Stable

09-Aug-2021

Raytheon Technologies Corporation

RTX

0.35

A-

Negative

13-Sep-2021

ServiceNow Inc.

NOW

0.34

A-

Stable

02-Sep-2021

Bristol-Myers Squibb Company

BMY

0.33

A+

Negative

23-Aug-2021

Target Corporation

TGT

0.32

A

Stable

19-Mar-2021

Charles Schwab Corporation

SCHW

0.31

A

Stable

23-Jun-2021

Amgen Inc.

AMGN

0.31

A-

Stable

24-Mar-2021

Caterpillar Inc.

CAT

0.29

A

Stable

15-Oct-2021

Prologis Inc.

PLD

0.28

A-

Positive

21-Oct-2021

International Business Machines Corporation

IBM

0.27

A-

Stable

06-May-2021

3M Company

MMM

0.27

A+

Negative

08-Oct-2021

Booking Holdings Inc.

BKNG

0.27

A-

Stable

11-Nov-2021

Anthem Inc.

ANTM

0.26

A

Stable

13-Dec-2020

Deere & Company

DE

0.25

A

Stable

15-Sep-2021

ConocoPhillips

COP

0.25

A-

Stable

22-Sep-2021

Analog Devices Inc.

ADI

0.25

A-

Stable

21-Sep-2021

Stryker Corporation

SYK

0.23

A-

Stable

10-Aug-2021

PNC Financial Services Group Inc.

PNC

0.22

A-

Positive

27-Oct-2021

Lam Research Corporation

LRCX

0.22

A-

Stable

21-Oct-2021

Truist Financial Corporation

TFC

0.22

A-

Positive

24-May-2021

Marsh & McLennan Companies Inc.

MMC

0.21

A-

Stable

09-Feb-2021

TJX Companies Inc

TJX

0.21

A

Stable

29-Jul-2021

Lockheed Martin Corporation

LMT

0.21

A-

Stable

27-Sep-2021

U.S. Bancorp

USB

0.21

A+

Negative

22-Sep-2021

Estee Lauder Companies Inc. Class A

EL

0.20

A+

Stable

09-Mar-2021

Cigna Corporation

CI

0.19

A-

Stable

21-Dec-2020

Air Products and Chemicals Inc.

APD

0.18

A

Stable

11-Feb-2021

Eaton Corp. Plc

ETN

0.17

A-

Stable

14-May-2021

Illinois Tool Works Inc.

ITW

0.17

A+

Stable

18-Feb-2021

Aon Plc Class A

AON

0.17

A-

Stable

11-Oct-2021

Waste Management Inc.

WM

0.16

A-

Stable

17-Aug-2021

Ecolab Inc.

ECL

0.15

A-

Stable

02-Nov-2021

Emerson Electric Co.

EMR

0.15

A

Stable

19-May-2021

Progressive Corporation

PGR

0.14

A

Stable

12-May-2021

EOG Resources Inc.

EOG

0.14

A-

Stable

24-Aug-2021

Simon Property Group Inc.

SPG

0.14

A-

Stable

01-Jun-2021

TE Connectivity Ltd.

TEL

0.13

A-

Stable

02-Mar-2021

Activision Blizzard Inc.

ATVI

0.13

A-

Stable

18-Oct-2021

Public Storage

PSA

0.13

A

Stable

07-Sep-2021

Bank of New York Mellon Corporation

BK

0.12

A

Stable

27-Sep-2021

General Dynamics Corporation

GD

0.12

A-

Stable

04-Jun-2021

MetLife Inc.

MET

0.12

A-

Stable

22-Feb-2021

Kimberly-Clark Corporation

KMB

0.12

A

Negative

27-Oct-2021

Prudential Financial Inc.

PRU

0.11

A

Stable

15-Sep-2021

American Electric Power Company Inc.

AEP

0.11

A-

Negative

14-May-2021

Biogen Inc.

BIIB

0.10

A-

Negative

08-Jun-2021

Baxter International Inc.

BAX

0.10

A-

Watch Neg

02-Sep-2021

Travelers Companies Inc.

TRV

0.10

A

Stable

14-Jul-2021

Realty Income Corporation

O

0.10

A-

Stable

17-Jun-2021

First Republic Bank

FRC

0.10

A-

Stable

24-May-2021

Rockwell Automation Inc.

ROK

0.10

A

Negative

03-Aug-2021

Cintas Corporation

CTAS

0.10

A-

Stable

06-Apr-2021

Archer-Daniels-Midland Company

ADM

0.09

A

Stable

19-Nov-2020

State Street Corporation

STT

0.09

A

Stable

24-May-2021

Corteva Inc

CTVA

0.09

A-

Stable

23-Nov-2020

Xcel Energy Inc.

XEL

0.09

A-

Stable

21-May-2021

Ameriprise Financial Inc.

AMP

0.09

A-

Stable

08-Nov-2021

Aflac Incorporated

AFL

0.09

A-

Stable

18-Feb-2021

Cummins Inc.

CMI

0.09

A+

Stable

23-Aug-2021

Allstate Corporation

ALL

0.09

A-

Stable

15-Jun-2021

AvalonBay Communities Inc.

AVB

0.09

A-

Stable

15-Jul-2021

Nucor Corporation

NUE

0.08

A-

Stable

16-Jun-2021

American Water Works Company Inc.

AWK

0.08

A

Stable

08-Nov-2021

PACCAR Inc

PCAR

0.08

A+

Stable

20-May-2021

Stanley Black & Decker Inc.

SWK

0.08

A

Stable

27-Oct-2021

Equity Residential

EQR

0.07

A-

Stable

06-May-2021

Eversource Energy

ES

0.07

A-

Stable

29-Oct-2021

WEC Energy Group Inc

WEC

0.07

A-

Stable

19-Aug-2021

Consolidated Edison Inc.

ED

0.07

A-

Negative

25-Aug-2021

Hershey Company

HSY

0.07

A

Stable

07-Sep-2021

Northern Trust Corporation

NTRS

0.07

A+

Stable

24-May-2021

V.F. Corporation

VFC

0.06

A-

Stable

16-Jun-2021

PPL Corporation

PPL

0.06

A-

Stable

20-Aug-2021

W.W. Grainger Inc.

GWW

0.05

A+

Stable

08-Apr-2021

Clorox Company

CLX

0.05

A-

Stable

14-Jul-2021

Baker Hughes Company Class A

BKR

0.05

A-

Stable

29-Oct-2021

Principal Financial Group Inc.

PFG

0.04

A-

Stable

28-Jun-2021

Evergy Inc.

EVRG

0.04

A-

Negative

30-Sep-2021

Alliant Energy Corp

LNT

0.04

A-

Stable

20-Nov-2020

Cboe Global Markets Inc

CBOE

0.03

A-

Stable

28-Sep-2021

Brown-Forman Corporation Class B

BF.B

0.03

A-

Stable

22-Jul-2021

Lincoln National Corporation

LNC

0.03

A-

Stable

21-Sep-2021

Hormel Foods Corporation

HRL

0.03

A

Negative

16-Feb-2021

Atmos Energy Corporation

ATO

0.03

A-

Negative

20-Aug-2021

Snap-on Incorporated

SNA

0.03

A-

Stable

16-Mar-2021

Loews Corporation

L

0.03

A

Stable

04-Nov-2020

Everest Re Group Ltd.

RE

0.03

A-

Stable

26-May-2021

Franklin Resources Inc.

BEN

0.02

A

Stable

13-May-2021

Federal Realty Investment Trust

FRT

0.02

A-

Negative

17-Jun-2021

Globe Life Inc.

GL

0.02

A

Stable

26-Oct-2021

Ralph Lauren Corporation Class A

RL

0.02

A-

Negative

12-Nov-2021

“BBB+” or Adequate

An obligor rated 'BBB' has adequate capacity to meet its financial commitments. However, adverse economic conditions or changing circumstances are more likely to lead to a weakened capacity of the obligor to meet its financial commitments

Company

Symbol

Weight

SP Rating

Outlook

Last update

Walt Disney Company

DIS

0.80

BBB+

Stable

15-Sep-2021

Thermo Fisher Scientific Inc.

TMO

0.63

BBB+

Positive

27-Sep-2021

Verizon Communications Inc.

VZ

0.55

BBB+

Stable

23-Jun-2021

Wells Fargo & Company

WFC

0.52

BBB+

Stable

28-Sep-2021

AbbVie Inc.

ABBV

0.52

BBB+

Stable

20-Jul-2021

Danaher Corporation

DHR

0.49

BBB+

Positive

21-Jun-2021

McDonald's Corporation

MCD

0.48

BBB+

Stable

28-Apr-2021

Lowe's Companies Inc.

LOW

0.42

BBB+

Stable

22-Jun-2021

Oracle Corporation

ORCL

0.39

BBB+

Negative

22-Jun-2021

Morgan Stanley

MS

0.36

BBB+

Positive

24-May-2021

Citigroup Inc.

C

0.35

BBB+

Stable

13-Oct-2021

Goldman Sachs Group Inc.

GS

0.34

BBB+

Stable

24-May-2021

Starbucks Corporation

SBUX

0.34

BBB+

Stable

07-May-2021

General Electric Company

GE

0.30

BBB+

Watch Neg

09-Nov-2021

American Express Company

AXP

0.30

BBB+

Stable

29-Jun-2021

Gilead Sciences Inc.

GILD

0.21

BBB+

Negative

22-Jan-2021

CSX Corporation

CSX

0.20

BBB+

Stable

20-Apr-2021

Duke Energy Corporation

DUK

0.20

BBB+

Stable

21-Apr-2021

Intercontinental Exchange Inc.

ICE

0.19

BBB+

Stable

22-Feb-2021

Norfolk Southern Corporation

NSC

0.18

BBB+

Stable

22-Sep-2021

Southern Company

SO

0.17

BBB+

Stable

27-Oct-2021

Regeneron Pharmaceuticals Inc.

REGN

0.17

BBB+

Stable

15-Aug-2021

Moody's Corporation

MCO

0.16

BBB+

Stable

18-May-2021

KLA Corporation

KLAC

0.16

BBB+

Stable

05-Apr-2021

Dominion Energy Inc

D

0.16

BBB+

Positive

25-Feb-2021

Humana Inc.

HUM

0.15

BBB+

Stable

17-Aug-2021

Northrop Grumman Corporation

NOC

0.14

BBB+

Stable

23-Mar-2021

Johnson Controls International plc

JCI

0.14

BBB+

Stable

30-Jun-2021

Exelon Corporation

EXC

0.14

BBB+

Negative

26-Jul-2021

Roper Technologies Inc.

ROP

0.13

BBB+

Stable

19-Feb-2021

American International Group Inc.

AIG

0.13

BBB+

Watch Neg

26-May-2021

Amphenol Corporation Class A

APH

0.12

BBB+

Stable

04-Nov-2021

Cadence Design Systems Inc.

CDNS

0.12

BBB+

Stable

16-Mar-2021

Agilent Technologies Inc.

A

0.12

BBB+

Stable

23-Apr-2021

eBay Inc.

EBAY

0.12

BBB+

Stable

22-Oct-2021

Fortinet Inc.

FTNT

0.11

BBB+

Stable

22-Feb-2021

Ross Stores Inc.

ROST

0.11

BBB+

Stable

11-May-2021

Parker-Hannifin Corporation

PH

0.11

BBB+

Watch Neg

03-Aug-2021

DuPont de Nemours Inc.

DD

0.11

BBB+

Stable

29-Jan-2021

Electronic Arts Inc.

EA

0.10

BBB+

Stable

15-Sep-2021

Sempra Energy

SRE

0.10

BBB+

Negative

26-Oct-2021

PPG Industries Inc.

PPG

0.10

BBB+

Negative

15-Mar-2021

Welltower Inc.

WELL

0.09

BBB+

Stable

21-Sep-2021

CBRE Group Inc. Class A

CBRE

0.09

BBB+

Stable

06-May-2021

McKesson Corporation

MCK

0.09

BBB+

Stable

30-Nov-2020

Phillips 66

PSX

0.09

BBB+

Stable

09-Nov-2021

AMETEK Inc.

AME

0.08

BBB+

Stable

03-May-2021

Public Service Enterprise Group Inc

PEG

0.08

BBB+

Stable

21-Apr-2021

Fifth Third Bancorp

FITB

0.08

BBB+

Stable

20-Sep-2021

Best Buy Co. Inc.

BBY

0.07

BBB+

Stable

20-May-2021

Corning Inc

GLW

0.07

BBB+

Stable

08-Apr-2021

Alexandria Real Estate Equities Inc.

ARE

0.07

BBB+

Positive

08-Oct-2021

Republic Services Inc.

RSG

0.07

BBB+

Stable

17-Jun-2021

Vulcan Materials Company

VMC

0.07

BBB+

Stable

19-Mar-2021

Martin Marietta Materials Inc.

MLM

0.07

BBB+

Stable

29-Jun-2021

Hartford Financial Services Group Inc.

HIG

0.06

BBB+

Stable

05-Aug-2021

Dover Corporation

DOV

0.06

BBB+

Stable

17-May-2021

Tyson Foods Inc. Class A

TSN

0.06

BBB+

Stable

04-Feb-2021

Huntington Bancshares Incorporated

HBAN

0.06

BBB+

Negative

24-May-2021

Mid-America Apartment Communities Inc.

MAA

0.06

BBB+

Stable

04-Mar-2021

Regions Financial Corporation

RF

0.06

BBB+

Stable

15-Oct-2021

KeyCorp

KEY

0.06

BBB+

Stable

24-Jun-2021

Essex Property Trust Inc.

ESS

0.06

BBB+

Stable

05-Oct-2021

Church & Dwight Co. Inc.

CHD

0.06

BBB+

Stable

07-Jul-2021

DTE Energy Company

DTE

0.06

BBB+

Stable

20-Aug-2021

Ameren Corporation

AEE

0.06

BBB+

Stable

09-Apr-2021

Duke Realty Corporation

DRE

0.05

BBB+

Stable

07-Jan-2021

Halliburton Company

HAL

0.05

BBB+

Stable

29-Oct-2021

Entergy Corporation

ETR

0.05

BBB+

Stable

02-Sep-2021

Broadridge Financial Solutions Inc.

BR

0.05

BBB+

Negative

29-Mar-2021

Ventas Inc.

VTR

0.05

BBB+

Negative

15-Oct-2021

NetApp Inc.

NTAP

0.05

BBB+

Stable

19-Jul-2021

Citizens Financial Group Inc.

CFG

0.05

BBB+

Stable

30-Jul-2021

M&T Bank Corporation

MTB

0.05

BBB+

Stable

10-Sep-2021

AmerisourceBergen Corporation

ABC

0.05

BBB+

Negative

04-Jun-2021

Cincinnati Financial Corporation

CINF

0.05

BBB+

Stable

21-Jun-2021

Raymond James Financial Inc.

RJF

0.05

BBB+

Stable

19-Mar-2021

Healthpeak Properties Inc.

PEAK

0.05

BBB+

Stable

15-Oct-2021

CMS Energy Corporation

CMS

0.04

BBB+

Stable

19-Oct-2021

Quest Diagnostics Incorporated

DGX

0.04

BBB+

Stable

19-Aug-2021

NVR Inc.

NVR

0.04

BBB+

Stable

25-Oct-2021

Boston Properties Inc.

BXP

0.04

BBB+

Stable

05-Nov-2020

J.B. Hunt Transport Services Inc.

JBHT

0.04

BBB+

Stable

15-Jun-2021

CenterPoint Energy Inc.

CNP

0.04

BBB+

Stable

25-Mar-2021

UDR Inc.

UDR

0.04

BBB+

Stable

14-Jun-2021

Omnicom Group Inc

OMC

0.04

BBB+

Stable

21-Oct-2021

Fortune Brands Home & Security Inc.

FBHS

0.04

BBB+

Stable

27-Aug-2021

Kimco Realty Corporation

KIM

0.04

BBB+

Stable

16-Sep-2021

C.H. Robinson Worldwide Inc.

CHRW

0.03

BBB+

Stable

23-Mar-2021

Comerica Incorporated

CMA

0.03

BBB+

Stable

24-May-2021

W. R. Berkley Corporation

WRB

0.03

BBB+

Stable

23-Feb-2021

Regency Centers Corporation

REG

0.03

BBB+

Stable

26-Apr-2021

Zions Bancorporation N.A.

ZION

0.03

BBB+

Stable

10-Nov-2021

NiSource Inc

NI

0.03

BBB+

Stable

22-Feb-2021

Mohawk Industries Inc.

MHK

0.02

BBB+

Stable

01-Jul-2021

Invesco Ltd.

IVZ

0.02

BBB+

Stable

10-Jun-2021

People's United Financial Inc.

PBCT

0.02

BBB+

Stable

10-Sep-2021

Pinnacle West Capital Corporation

PNW

0.02

BBB+

Negative

09-Nov-2021

One more thing

We plan to run a follow up to this article each and every month and publish a shortlist of the top companies rated exclusively for Seeking Alpha readers.

Analyst's Disclosure: I/we have a beneficial long position in the shares of MSFT, JNJ, AAPL, BLK, PFE, PM either through stock ownership, options, or other derivatives.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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