diff --git a/tools/perf/util/callchain.c b/tools/perf/util/callchain.c
index 564377d2bebf..53c43eb9489e 100644
--- a/tools/perf/util/callchain.c
+++ b/tools/perf/util/callchain.c
@@ -925,6 +925,34 @@ void free_callchain(struct callchain_root *root)
 	free_callchain_node(&root->node);
 }
 
+static u64 decay_callchain_node(struct callchain_node *node)
+{
+	struct callchain_node *child;
+	struct rb_node *n;
+	u64 child_hits = 0;
+
+	n = rb_first(&node->rb_root_in);
+	while (n) {
+		child = container_of(n, struct callchain_node, rb_node_in);
+
+		child_hits += decay_callchain_node(child);
+		n = rb_next(n);
+	}
+
+	node->hit = (node->hit * 7) / 8;
+	node->children_hit = child_hits;
+
+	return node->hit;
+}
+
+void decay_callchain(struct callchain_root *root)
+{
+	if (!symbol_conf.use_callchain)
+		return;
+
+	decay_callchain_node(&root->node);
+}
+
 int callchain_node__make_parent_list(struct callchain_node *node)
 {
 	struct callchain_node *parent = node->parent;
diff --git a/tools/perf/util/callchain.h b/tools/perf/util/callchain.h
index 8ac8f043004c..18dd22269764 100644
--- a/tools/perf/util/callchain.h
+++ b/tools/perf/util/callchain.h
@@ -253,6 +253,7 @@ int callchain_node__fprintf_value(struct callchain_node *node,
 				  FILE *fp, u64 total);
 
 void free_callchain(struct callchain_root *root);
+void decay_callchain(struct callchain_root *root);
 int callchain_node__make_parent_list(struct callchain_node *node);
 
 #endif	/* __PERF_CALLCHAIN_H */
diff --git a/tools/perf/util/hist.c b/tools/perf/util/hist.c
index afc9b8f1b36c..888776b43cb0 100644
--- a/tools/perf/util/hist.c
+++ b/tools/perf/util/hist.c
@@ -254,6 +254,7 @@ static bool hists__decay_entry(struct hists *hists, struct hist_entry *he)
 	he_stat__decay(&he->stat);
 	if (symbol_conf.cumulate_callchain)
 		he_stat__decay(he->stat_acc);
+	decay_callchain(he->callchain);
 
 	diff = prev_period - he->stat.period;