Attached files
| file | filename |
|---|---|
| EX-32.2 - EXHIBIT 32.2 - MASTEC INC | mtz9301710-qex322.htm |
| EX-32.1 - EXHIBIT 32.1 - MASTEC INC | mtz9301710-qex321.htm |
| EX-31.2 - EXHIBIT 31.2 - MASTEC INC | mtz9301710-qex312.htm |
| EX-31.1 - EXHIBIT 31.1 - MASTEC INC | mtz9301710-qex311.htm |
| EX-4.1 - EXHIBIT 4.1 - MASTEC INC | mtz9301710-qex41.htm |
| 10-Q - 10-Q - MASTEC INC | mtz9301710-q.htm |
Exhibit 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(dollar amounts in thousands)
For the Nine Months Ended September 30 | |||||||
2017 | 2016 | ||||||
Earnings: | |||||||
Income before income taxes | $ | 314,330 | $ | 132,417 | |||
Add: Fixed charges | 186,966 | 134,944 | |||||
Less: Undistributed earnings from equity method investees | 15,105 | 3,549 | |||||
Total earnings | $ | 486,191 | $ | 263,812 | |||
Fixed charges: | |||||||
Interest expense | $ | 45,140 | $ | 38,553 | |||
Estimate of interest expense within rental expense | 141,826 | 96,391 | |||||
Total fixed charges | $ | 186,966 | $ | 134,944 | |||
Ratio of earnings to fixed charges | 2.6 | 2.0 | |||||