diff --git a/arch/Kconfig b/arch/Kconfig
index caeb6feb517e..74cbd6e3b116 100644
--- a/arch/Kconfig
+++ b/arch/Kconfig
@@ -612,7 +612,7 @@ config LTO_CLANG
 	depends on $(success,$(NM) --help | head -n 1 | grep -qi llvm)
 	depends on $(success,$(AR) --help | head -n 1 | grep -qi llvm)
 	depends on ARCH_SUPPORTS_LTO_CLANG
-	depends on !FTRACE_MCOUNT_RECORD
+	depends on !FTRACE_MCOUNT_USE_RECORDMCOUNT
 	depends on !KASAN
 	depends on !GCOV_KERNEL
 	select LTO
diff --git a/scripts/Makefile.build b/scripts/Makefile.build
index e08e66413dbe..ab0ddf4884fd 100644
--- a/scripts/Makefile.build
+++ b/scripts/Makefile.build
@@ -218,30 +218,11 @@ cmd_record_mcount = $(if $(findstring $(strip $(CC_FLAGS_FTRACE)),$(_c_flags)),
 endif # CONFIG_FTRACE_MCOUNT_USE_RECORDMCOUNT
 
 ifdef CONFIG_STACK_VALIDATION
+ifndef CONFIG_LTO_CLANG
 ifneq ($(SKIP_STACK_VALIDATION),1)
 
 __objtool_obj := $(objtree)/tools/objtool/objtool
 
-objtool_args = $(if $(CONFIG_UNWINDER_ORC),orc generate,check)
-
-objtool_args += $(if $(part-of-module), --module,)
-
-ifndef CONFIG_FRAME_POINTER
-objtool_args += --no-fp
-endif
-ifdef CONFIG_GCOV_KERNEL
-objtool_args += --no-unreachable
-endif
-ifdef CONFIG_RETPOLINE
-  objtool_args += --retpoline
-endif
-ifdef CONFIG_X86_SMAP
-  objtool_args += --uaccess
-endif
-ifdef CONFIG_FTRACE_MCOUNT_USE_OBJTOOL
-  objtool_args += --mcount
-endif
-
 # 'OBJECT_FILES_NON_STANDARD := y': skip objtool checking for a directory
 # 'OBJECT_FILES_NON_STANDARD_foo.o := 'y': skip objtool checking for a file
 # 'OBJECT_FILES_NON_STANDARD_foo.o := 'n': override directory skip for a file
@@ -253,6 +234,7 @@ objtool_obj = $(if $(patsubst y%,, \
 	$(__objtool_obj))
 
 endif # SKIP_STACK_VALIDATION
+endif # CONFIG_LTO_CLANG
 endif # CONFIG_STACK_VALIDATION
 
 # Rebuild all objects when objtool changes, or is enabled/disabled.
diff --git a/scripts/Makefile.lib b/scripts/Makefile.lib
index 3d599716940c..ecb97c9f5feb 100644
--- a/scripts/Makefile.lib
+++ b/scripts/Makefile.lib
@@ -216,6 +216,17 @@ dtc_cpp_flags  = -Wp,-MMD,$(depfile).pre.tmp -nostdinc                    \
 		 $(addprefix -I,$(DTC_INCLUDE))                          \
 		 -undef -D__DTS__
 
+# Objtool arguments are also needed for modfinal with LTO, so we define
+# then here to avoid duplication.
+objtool_args =								\
+	$(if $(CONFIG_UNWINDER_ORC),orc generate,check)			\
+	$(if $(part-of-module), --module,)				\
+	$(if $(CONFIG_FRAME_POINTER),, --no-fp)				\
+	$(if $(CONFIG_GCOV_KERNEL), --no-unreachable,)			\
+	$(if $(CONFIG_RETPOLINE), --retpoline,)				\
+	$(if $(CONFIG_X86_SMAP), --uaccess,)				\
+	$(if $(CONFIG_FTRACE_MCOUNT_USE_OBJTOOL), --mcount,)
+
 # Useful for describing the dependency of composite objects
 # Usage:
 #   $(call multi_depend, multi_used_targets, suffix_to_remove, suffix_to_add)
diff --git a/scripts/Makefile.modfinal b/scripts/Makefile.modfinal
index 2cb9a1d88434..1bd2953b11c4 100644
--- a/scripts/Makefile.modfinal
+++ b/scripts/Makefile.modfinal
@@ -9,7 +9,7 @@ __modfinal:
 include $(objtree)/include/config/auto.conf
 include $(srctree)/scripts/Kbuild.include
 
-# for c_flags
+# for c_flags and objtool_args
 include $(srctree)/scripts/Makefile.lib
 
 # find all modules listed in modules.order
@@ -34,10 +34,23 @@ ifdef CONFIG_LTO_CLANG
 # With CONFIG_LTO_CLANG, reuse the object file we compiled for modpost to
 # avoid a second slow LTO link
 prelink-ext := .lto
-endif
+
+# ELF processing was skipped earlier because we didn't have native code,
+# so let's now process the prelinked binary before we link the module.
+
+ifdef CONFIG_STACK_VALIDATION
+ifneq ($(SKIP_STACK_VALIDATION),1)
+cmd_ld_ko_o +=								\
+	$(objtree)/tools/objtool/objtool $(objtool_args)		\
+		$(@:.ko=$(prelink-ext).o);
+
+endif # SKIP_STACK_VALIDATION
+endif # CONFIG_STACK_VALIDATION
+
+endif # CONFIG_LTO_CLANG
 
 quiet_cmd_ld_ko_o = LD [M]  $@
-      cmd_ld_ko_o =                                                     \
+      cmd_ld_ko_o +=							\
 	$(LD) -r $(KBUILD_LDFLAGS)					\
 		$(KBUILD_LDFLAGS_MODULE) $(LDFLAGS_MODULE)		\
 		-T scripts/module.lds -o $@ $(filter %.o, $^);		\
diff --git a/scripts/link-vmlinux.sh b/scripts/link-vmlinux.sh
index 5ace1dc43993..7f4d19271180 100755
--- a/scripts/link-vmlinux.sh
+++ b/scripts/link-vmlinux.sh
@@ -89,14 +89,36 @@ modpost_link()
 
 objtool_link()
 {
+	local objtoolcmd;
 	local objtoolopt;
 
+	if [ "${CONFIG_LTO_CLANG} ${CONFIG_STACK_VALIDATION}" = "y y" ]; then
+		# Don't perform vmlinux validation unless explicitly requested,
+		# but run objtool on vmlinux.o now that we have an object file.
+		if [ -n "${CONFIG_UNWINDER_ORC}" ]; then
+			objtoolcmd="orc generate"
+		fi
+
+		objtoolopt="${objtoolopt} --duplicate"
+
+		if [ -n "${CONFIG_FTRACE_MCOUNT_USE_OBJTOOL}" ]; then
+			objtoolopt="${objtoolopt} --mcount"
+		fi
+	fi
+
 	if [ -n "${CONFIG_VMLINUX_VALIDATION}" ]; then
-		objtoolopt="check --vmlinux --noinstr"
+		objtoolopt="${objtoolopt} --noinstr"
+	fi
+
+	if [ -n "${objtoolopt}" ]; then
+		if [ -z "${objtoolcmd}" ]; then
+			objtoolcmd="check"
+		fi
+		objtoolopt="${objtoolopt} --vmlinux"
 		if [ -z "${CONFIG_FRAME_POINTER}" ]; then
 			objtoolopt="${objtoolopt} --no-fp"
 		fi
-		if [ -n "${CONFIG_GCOV_KERNEL}" ]; then
+		if [ -n "${CONFIG_GCOV_KERNEL}" ] || [ -n "${CONFIG_LTO_CLANG}" ]; then
 			objtoolopt="${objtoolopt} --no-unreachable"
 		fi
 		if [ -n "${CONFIG_RETPOLINE}" ]; then
@@ -106,7 +128,7 @@ objtool_link()
 			objtoolopt="${objtoolopt} --uaccess"
 		fi
 		info OBJTOOL ${1}
-		tools/objtool/objtool ${objtoolopt} ${1}
+		tools/objtool/objtool ${objtoolcmd} ${objtoolopt} ${1}
 	fi
 }
 
