diff --git a/gcc/ira-color.cc b/gcc/ira-color.cc
index b9ae32d1b4d..ca32a23a0c9 100644
--- a/gcc/ira-color.cc
+++ b/gcc/ira-color.cc
@@ -2178,7 +2178,9 @@ assign_hard_reg (ira_allocno_t a, bool retry_p)
 	    add_cost = ((ira_memory_move_cost[mode][rclass][0]
 		         + ira_memory_move_cost[mode][rclass][1])
 		        * saved_nregs / hard_regno_nregs (hard_regno,
-							  mode) - 1);
+							  mode) - 1)
+		       * (optimize_size ? 1 :
+			  REG_FREQ_FROM_BB (ENTRY_BLOCK_PTR_FOR_FN (cfun)));
 	    cost += add_cost;
 	    full_cost += add_cost;
 	  }
diff --git a/gcc/testsuite/gcc.target/powerpc/pr111673.c b/gcc/testsuite/gcc.target/powerpc/pr111673.c
new file mode 100644
index 00000000000..e0c0f85460a
--- /dev/null
+++ b/gcc/testsuite/gcc.target/powerpc/pr111673.c
@@ -0,0 +1,17 @@
+/* { dg-do compile { target lp64 } } */
+/* { dg-options "-O2 -fdump-rtl-pro_and_epilogue" } */
+
+/* Verify there is an early return without the prolog and shrink-wrap
+   the function. */
+
+int f (int);
+int
+advance (int dz)
+{
+  if (dz > 0)
+    return (dz + dz) * dz;
+  else
+    return dz * f (dz);
+}
+
+/* { dg-final { scan-rtl-dump-times "Performing shrink-wrapping" 1 "pro_and_epilogue" } } */