EX-12.1 4 d144362dex121.htm EX-12.1 EX-12.1

Exhibit 12.1

HUBBELL INCORPORATED

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in millions)

 

     Nine Months Ended
September 30,
     Year Ended December 31,  
Using Filed 10-K Interest Expense    2015      2014      2010      2011      2012      2013      2014  

Computation of Earnings:

                    

Earnings

     327.9         367.3         320.4         389.8         441.8         473.8         485.5   

Fixed Charges

     29.6         29.0         38.5         38.1         38.1         38.5         39.4   

Total Earnings

     357.5         396.3         358.9         427.9         479.9         512.3         524.9   

Computation of Fixed Charges:

                    

Interest Expense

     23.2         23.0         31.1         30.9         30.8         30.8         31.2   

Interest Portion of Rent Expense

     6.4         6.0         7.4         7.2         7.3         7.7         8.2   

Total Fixed Charges

     29.6         29.0         38.5         38.1         38.1         38.5         39.4   

Ratio of Earnings to Fixed Charges

     12.1         13.6         9.3         11.2         12.6         13.3         13.3   

Hubbell Incorporated (“Hubbell”) has calculated the ratio of earnings to fixed charges by dividing “earnings,” consisting of income from continuing operations before income taxes and fixed charges for the periods indicated, by Hubbell’s “fixed charges,” consisting of interest expense (which includes interest on indebtedness, the amortization of discounts, and the amortization of capitalized debt issuance costs) and the portion of estimated rents that Hubbell believes to be representative of the interest factor (one-third of rental expense), in each case for the periods indicated.