MASTEC INC - FORM 10-Q - EX-12.1 - EXHIBIT 12.1 - August 2, 2018

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EX-32.2 - EXHIBIT 32.2 - MASTEC INCmtz6301810-qex322.htm
EX-32.1 - EXHIBIT 32.1 - MASTEC INCmtz6301810-qex321.htm
EX-31.2 - EXHIBIT 31.2 - MASTEC INCmtz6301810-qex312.htm
EX-31.1 - EXHIBIT 31.1 - MASTEC INCmtz6301810-qex311.htm
10-Q - 10-Q - MASTEC INCmtz6301810-q.htm


Exhibit 12.1

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(dollar amounts in thousands)
 
For the Six Months Ended June 30,
 
2018
 
2017
Earnings:
 
 
 
Income before income taxes
$
153,772

 
$
206,751

Add: Fixed charges
121,311

 
107,767

Less: Undistributed earnings from equity method investments, net
(3,699
)
 
(7,706
)
Total earnings
$
271,384

 
$
306,812

Fixed charges:
 
 
 
Interest expense
$
38,345

 
$
27,556

Estimate of interest expense within rental expense
82,966

 
80,211

Total fixed charges
$
121,311

 
$
107,767

Ratio of earnings to fixed charges
2.2

 
2.8




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