Attached files
| file | filename |
|---|---|
| EX-32.2 - EXHIBIT 32.2 - MASTEC INC | mtz9301810-qex322.htm |
| EX-32.1 - EXHIBIT 32.1 - MASTEC INC | mtz9301810-qex321.htm |
| EX-31.2 - EXHIBIT 31.2 - MASTEC INC | mtz9301810-qex312.htm |
| EX-31.1 - EXHIBIT 31.1 - MASTEC INC | mtz9301810-qex311.htm |
| 10-Q - 10-Q - MASTEC INC | mtz9301810-q.htm |
Exhibit 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(dollar amounts in thousands)
For the Nine Months Ended September 30, | |||||||
2018 | 2017 | ||||||
Earnings: | |||||||
Income before income taxes | $ | 299,405 | $ | 314,330 | |||
Add: Fixed charges | 204,988 | 186,966 | |||||
Less: Undistributed earnings from equity method investments, net | (8,206 | ) | (15,105 | ) | |||
Total earnings | $ | 496,187 | $ | 486,191 | |||
Fixed charges: | |||||||
Interest expense | $ | 63,393 | $ | 45,140 | |||
Estimate of interest expense within rental expense | 141,595 | 141,826 | |||||
Total fixed charges | $ | 204,988 | $ | 186,966 | |||
Ratio of earnings to fixed charges | 2.4 | 2.6 | |||||