Masonite International Corporation's net sales were $662 million in the 2Q 2021, a 33% increase from $500 million in the comparable period of 2020. The increase in net sales was the result of a 19% increase in base volume, a 7% increase in average unit price (AUP), a 5% increase due to favorable foreign exchange and a 2% increase in the sale of components and other products.
Total company gross profit was $164 million in the 2Q 2021, an increase of 21% compared to $136 million in the 2Q 2020. Net income was $35 million in the 2Q 2021, an increase of 3% compared to $34 million in the 2Q 2020. Adjusted EBITDA of $111 million in the 2Q 2021 increased 20% from $92 million in the 2Q 2020.
Net sales were $1,309 million in the first six months of 2021, a 25% increase from $1,051 million in the comparable period of 2020.
Total company gross profit was $323 million in the first six months of 2021, an increase of 19% compared to $271 million in the first six months of 2020. Net income was $82 million in the first six months of 2021, an increase of 28% compared to $64 million in the first six months of 2020. Adjusted EBITDA of $213 million in the first six months of 2021 increased 23% from $173 million in the first six months of 2020.
Masonite International Corporation is a leading global designer, manufacturer, marketer and distributor of interior and exterior doors for the new construction and repair, renovation and remodeling sectors of the residential and non-residential building construction markets.
