diff --git a/drivers/net/phy/Makefile b/drivers/net/phy/Makefile
index dc9e53b511d6..896afdcac437 100644
--- a/drivers/net/phy/Makefile
+++ b/drivers/net/phy/Makefile
@@ -3,7 +3,7 @@
 
 libphy-y			:= phy.o phy-c45.o phy-core.o phy_device.o \
 				   linkmode.o
-mdio-bus-y			+= mdio_bus.o mdio_device.o
+mdio-bus-y			+= mdio_bus.o mdio_device.o mdio_devres.o
 
 ifdef CONFIG_MDIO_DEVICE
 obj-y				+= mdio-boardinfo.o
diff --git a/drivers/net/phy/mdio_devres.c b/drivers/net/phy/mdio_devres.c
new file mode 100644
index 000000000000..f0b4b6cfe5e3
--- /dev/null
+++ b/drivers/net/phy/mdio_devres.c
@@ -0,0 +1,18 @@
+// SPDX-License-Identifier: GPL-2.0-or-later
+
+#include <linux/phy.h>
+
+int __devm_mdiobus_register(struct mii_bus *bus, struct module *owner)
+{
+	int ret;
+
+	if (!bus->is_managed)
+		return -EPERM;
+
+	ret = __mdiobus_register(bus, owner);
+	if (!ret)
+		bus->is_managed_registered = 1;
+
+	return ret;
+}
+EXPORT_SYMBOL(__devm_mdiobus_register);
diff --git a/include/linux/phy.h b/include/linux/phy.h
index ecc7640705b9..7c75e1c90141 100644
--- a/include/linux/phy.h
+++ b/include/linux/phy.h
@@ -322,20 +322,9 @@ static inline struct mii_bus *mdiobus_alloc(void)
 }
 
 int __mdiobus_register(struct mii_bus *bus, struct module *owner);
+int __devm_mdiobus_register(struct mii_bus *bus, struct module *owner);
 #define mdiobus_register(bus) __mdiobus_register(bus, THIS_MODULE)
-static inline int devm_mdiobus_register(struct mii_bus *bus)
-{
-	int ret;
-
-	if (!bus->is_managed)
-		return -EPERM;
-
-	ret = mdiobus_register(bus);
-	if (!ret)
-		bus->is_managed_registered = 1;
-
-	return ret;
-}
+#define devm_mdiobus_register(bus) __devm_mdiobus_register(bus, THIS_MODULE)
 
 void mdiobus_unregister(struct mii_bus *bus);
 void mdiobus_free(struct mii_bus *bus);