Mosaic
Q2 2022 Earnings Call
Aug 02, 2022, 11:00 a.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good morning, ladies and gentlemen, and welcome to The Mosaic Company's second quarter 2022 earnings conference call. [Operator instructions] Your host for today's call is Paul Massoud, vice president of investor relations and financial planning and analysis of the company -- of The Mosaic Company. Mr. Massoud, you may begin.
Paul Massoud -- Vice President, Investor Relations
Thank you, and welcome to our second quarter 2022 earnings call. Opening comments will be provided by Joc O'Rourke, president and chief executive officer, followed by a fireside chat as well as open Q&A. Clint Freeland, senior vice president and chief financial officer; and Jenny Wang, senior vice president of Global Strategic Marketing, will also be available to answer your questions. We will be making forward-looking statements during this conference call.
Statements include but are not limited to statements about future financial and operating results. They are based on management's beliefs and expectations as of today's date and are subject to significant risks and uncertainties. Actual results may differ materially from projected results. Factors that could cause actual results to differ materially from those in the forward-looking statements are included in our press release furnished yesterday and in our reports filed with the Securities and Exchange Commission.
We will also be presenting certain non-GAAP financial measures. Our press release and performance data also contain important information on these non-GAAP measures. Now, I'd like to turn the call over to Joc.
Joc O'Rourke -- President and Chief Executive Officer
Good morning. Thank you for joining our second quarter 2022 earnings discussion. I hope you've had a chance to review our posted slides as well as our news release and performance data, which were made available on our website yesterday. I will provide more additional context before we respond to questions we received last night, and then we'll conclude with a live Q&A session.
Mosaic delivered second quarter net income of $1 billion and earnings per share of $2.85. Adjusted earnings per share were $3.64, and adjusted EBITDA was $2 billion. Free cash flow totaled $794 million, allowing us to return $667 million to shareholders during the second quarter, including $612 million of share repurchases, bringing the year-to-date buyback total through June 30 to over $1 billion. We've continued to buy back shares aggressively through July because we believe our portfolio positions us to continue driving strong results and generating significant cash flow through the rest of the year and into 2023.