diff --git a/tools/perf/util/intel-pt.c b/tools/perf/util/intel-pt.c
index 7a70693c1b91..3cff8fe2eaa0 100644
--- a/tools/perf/util/intel-pt.c
+++ b/tools/perf/util/intel-pt.c
@@ -157,6 +157,12 @@ struct intel_pt_queue {
 	u32 flags;
 	u16 insn_len;
 	u64 last_insn_cnt;
+	u64 ipc_insn_cnt;
+	u64 ipc_cyc_cnt;
+	u64 last_in_insn_cnt;
+	u64 last_in_cyc_cnt;
+	u64 last_br_insn_cnt;
+	u64 last_br_cyc_cnt;
 	char insn[INTEL_PT_INSN_BUF_SZ];
 };
 
@@ -1162,6 +1168,13 @@ static int intel_pt_synth_branch_sample(struct intel_pt_queue *ptq)
 		sample.branch_stack = (struct branch_stack *)&dummy_bs;
 	}
 
+	sample.cyc_cnt = ptq->ipc_cyc_cnt - ptq->last_br_cyc_cnt;
+	if (sample.cyc_cnt) {
+		sample.insn_cnt = ptq->ipc_insn_cnt - ptq->last_br_insn_cnt;
+		ptq->last_br_insn_cnt = ptq->ipc_insn_cnt;
+		ptq->last_br_cyc_cnt = ptq->ipc_cyc_cnt;
+	}
+
 	return intel_pt_deliver_synth_b_event(pt, event, &sample,
 					      pt->branches_sample_type);
 }
@@ -1217,6 +1230,13 @@ static int intel_pt_synth_instruction_sample(struct intel_pt_queue *ptq)
 	sample.stream_id = ptq->pt->instructions_id;
 	sample.period = ptq->state->tot_insn_cnt - ptq->last_insn_cnt;
 
+	sample.cyc_cnt = ptq->ipc_cyc_cnt - ptq->last_in_cyc_cnt;
+	if (sample.cyc_cnt) {
+		sample.insn_cnt = ptq->ipc_insn_cnt - ptq->last_in_insn_cnt;
+		ptq->last_in_insn_cnt = ptq->ipc_insn_cnt;
+		ptq->last_in_cyc_cnt = ptq->ipc_cyc_cnt;
+	}
+
 	ptq->last_insn_cnt = ptq->state->tot_insn_cnt;
 
 	return intel_pt_deliver_synth_event(pt, ptq, event, &sample,
@@ -1488,6 +1508,15 @@ static int intel_pt_sample(struct intel_pt_queue *ptq)
 
 	ptq->have_sample = false;
 
+	if (ptq->state->tot_cyc_cnt > ptq->ipc_cyc_cnt) {
+		/*
+		 * Cycle count and instruction count only go together to create
+		 * a valid IPC ratio when the cycle count changes.
+		 */
+		ptq->ipc_insn_cnt = ptq->state->tot_insn_cnt;
+		ptq->ipc_cyc_cnt = ptq->state->tot_cyc_cnt;
+	}
+
 	if (pt->sample_pwr_events && (state->type & INTEL_PT_PWR_EVT)) {
 		if (state->type & INTEL_PT_CBR_CHG) {
 			err = intel_pt_synth_cbr_sample(ptq);