Archer Daniels Midland
Q2 2022 Earnings Call
Jul 26, 2022, 9:00 a.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good morning and welcome to the ADM second quarter 2022 earnings conference call. [Operator instructions] As a reminder, this conference call is being recorded. I would now like to introduce your host for today's call, Michael Cross, director of investor relations. You may begin.
Michael Cross -- Director of Investor Relations
Thank you, Alex. Good morning and welcome to ADM's second quarter earnings webcast. Starting tomorrow, a replay of today's webcast will be available at adm.com. Please turn to Slide 2, the company's safe harbor statement, which says that some of our comments and materials constitute forward-looking statements that reflect management's current views and estimates of future economic circumstances, industry conditions, company performance and financial results.
These statements and materials are based on many assumptions and factors that are subject to risks and uncertainties. ADM has provided additional information in its reports on file with the SEC concerning assumptions and factors that could cause actual results to differ materially from those in the presentation. To the extent permitted under applicable law, ADM assumes no obligations to update any forward-looking statements as a result of new information or future events. On today's webcast, our chairman and chief executive officer, Juan Luciano, will provide an overview of the quarter and highlight some of our accomplishments.
Our chief financial officer, Vikram Luthar, will review the drivers of our performance as well as corporate results and financial highlights. Then Juan will make some final comments, and he and Vikram will take your questions. Please turn to Slide 3. I will now turn the call over to Juan.
Juan Luciano -- Chairman and Chief Executive Officer
Thank you, Michael. This morning, we reported outstanding second quarter adjusted earnings per share of $2.15. Adjusted segment operating profit was $1.8 billion, and our trailing fourth quarter adjusted EBITDA approached $6 billion. And our trailing fourth quarter average adjusted ROIC was 11.6%.
Our team executed extremely well in the second quarter, navigating dynamic conditions to deliver nutritions to billions. And even as we work tirelessly to serve our customers and consumers around the globe, we are continuing to advance our strategy with productivity initiatives that are improving our efficiency and cost structure and innovation works that is powering profitable growth. Slide 4, please. Productivity is how we are improving our execution and optimizing costs is key to our long-term success, but equally as importantly, our productivity work is helping us mitigate the impact of inflation.