diff --git a/llvm/tools/CMakeLists.txt b/llvm/tools/CMakeLists.txt
index 9b89d87fc571..f50382b08977 100644
--- a/llvm/tools/CMakeLists.txt
+++ b/llvm/tools/CMakeLists.txt
@@ -25,7 +25,7 @@ if(NOT LLVM_USE_INTEL_JITEVENTS )
   set(LLVM_TOOL_LLVM_JITLISTENER_BUILD Off)
 endif()
 
-if(CYGWIN)
+if(CYGWIN OR NOT LLVM_ENABLE_PIC)
   set(LLVM_TOOL_LTO_BUILD Off)
   set(LLVM_TOOL_LLVM_LTO_BUILD Off)
 endif()