diff --git a/arch/powerpc/kernel/ftrace.c b/arch/powerpc/kernel/ftrace.c
index 91b46b7f6f0dd6701c434a6ec1ce9f189645eaf6..1fb78561096accfff7e60062a4fbc0bddfcfec55 100644
--- a/arch/powerpc/kernel/ftrace.c
+++ b/arch/powerpc/kernel/ftrace.c
@@ -630,18 +630,17 @@ void prepare_ftrace_return(unsigned long *parent, unsigned long self_addr)
 		return;
 	}
 
-	if (ftrace_push_return_trace(old, self_addr, &trace.depth, 0) == -EBUSY) {
-		*parent = old;
-		return;
-	}
-
 	trace.func = self_addr;
+	trace.depth = current->curr_ret_stack + 1;
 
 	/* Only trace if the calling function expects to */
 	if (!ftrace_graph_entry(&trace)) {
-		current->curr_ret_stack--;
 		*parent = old;
+		return;
 	}
+
+	if (ftrace_push_return_trace(old, self_addr, &trace.depth, 0) == -EBUSY)
+		*parent = old;
 }
 #endif /* CONFIG_FUNCTION_GRAPH_TRACER */