Martin Marietta Materials (MLM) 10-K 2009 FY Annual report

EXHIBIT 12.01

MARTIN MARIETTA MATERIALS, INC. AND CONSOLIDATED SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

For the Year Ended December 31, 2009

(add 000, except ratio)

EARNINGS:
Earnings before income taxes	$	112,557	**
Loss from less than 50%-owned associated companies, net		1,313
Interest Expense*		73,460
Portion of rents representative of an interest factor		17,301
Adjusted Earnings and Fixed Charges	$	204,631
FIXED CHARGES:
Interest Expense*	$	73,460
Capitalized Interest		1,010
Portion of rents representative of an interest factor		17,301
Total Fixed Charges	$	91,771
Ratio of Earnings to Fixed Charges		2.23

*	Interest Expense excluded interest income of $343 related to the reversal of interest accruals for uncertain tax positions.
**	Note: Use Earnings from Continuing Operations less net earnings attributable to noncontrolling interests.