diff --git a/drivers/net/ethernet/xilinx/xilinx_axienet.h b/drivers/net/ethernet/xilinx/xilinx_axienet.h
index f0864cb8defe..33d05e55567e 100644
--- a/drivers/net/ethernet/xilinx/xilinx_axienet.h
+++ b/drivers/net/ethernet/xilinx/xilinx_axienet.h
@@ -533,10 +533,6 @@ struct skbuf_dma_descriptor {
  * @rxmem:	Stores rx memory size for jumbo frame handling.
  * @csum_offload_on_tx_path:	Stores the checksum selection on TX side.
  * @csum_offload_on_rx_path:	Stores the checksum selection on RX side.
- * @coalesce_count_rx:	Store the irq coalesce on RX side.
- * @coalesce_usec_rx:	IRQ coalesce delay for RX
- * @coalesce_count_tx:	Store the irq coalesce on TX side.
- * @coalesce_usec_tx:	IRQ coalesce delay for TX
  * @use_dmaengine: flag to check dmaengine framework usage.
  * @tx_chan:	TX DMA channel.
  * @rx_chan:	RX DMA channel.
@@ -617,10 +613,6 @@ struct axienet_local {
 	int csum_offload_on_tx_path;
 	int csum_offload_on_rx_path;
 
-	u32 coalesce_count_rx;
-	u32 coalesce_usec_rx;
-	u32 coalesce_count_tx;
-	u32 coalesce_usec_tx;
 	u8  use_dmaengine;
 	struct dma_chan *tx_chan;
 	struct dma_chan *rx_chan;
diff --git a/drivers/net/ethernet/xilinx/xilinx_axienet_main.c b/drivers/net/ethernet/xilinx/xilinx_axienet_main.c
index 6bcb605aa67e..eb9600417d81 100644
--- a/drivers/net/ethernet/xilinx/xilinx_axienet_main.c
+++ b/drivers/net/ethernet/xilinx/xilinx_axienet_main.c
@@ -223,6 +223,13 @@ static void axienet_dma_bd_release(struct net_device *ndev)
 			  lp->rx_bd_p);
 }
 
+static u64 axienet_dma_rate(struct axienet_local *lp)
+{
+	if (lp->axi_clk)
+		return clk_get_rate(lp->axi_clk);
+	return 125000000; /* arbitrary guess if no clock rate set */
+}
+
 /**
  * axienet_calc_cr() - Calculate control register value
  * @lp: Device private data
@@ -243,12 +250,9 @@ static u32 axienet_calc_cr(struct axienet_local *lp, u32 count, u32 usec)
 	 * the first packet. Otherwise leave at 0 to disable delay interrupt.
 	 */
 	if (count > 1) {
-		u64 clk_rate = 125000000; /* arbitrary guess if no clock rate set */
+		u64 clk_rate = axienet_dma_rate(lp);
 		u32 timer;
 
-		if (lp->axi_clk)
-			clk_rate = clk_get_rate(lp->axi_clk);
-
 		/* 1 Timeout Interval = 125 * (clock period of SG clock) */
 		timer = DIV64_U64_ROUND_CLOSEST((u64)usec * clk_rate,
 						XAXIDMA_DELAY_SCALE);
@@ -261,6 +265,23 @@ static u32 axienet_calc_cr(struct axienet_local *lp, u32 count, u32 usec)
 	return cr;
 }
 
+/**
+ * axienet_cr_params() - Extract coalesce parameters from the CR
+ * @lp: Device private data
+ * @cr: The control register to parse
+ * @count: Number of packets before an interrupt
+ * @usec: Idle time (in usec) before an interrupt
+ */
+static void axienet_coalesce_params(struct axienet_local *lp, u32 cr,
+				    u32 *count, u32 *usec)
+{
+	u64 clk_rate = axienet_dma_rate(lp);
+	u64 timer = FIELD_GET(XAXIDMA_DELAY_MASK, cr);
+
+	*count = FIELD_GET(XAXIDMA_COALESCE_MASK, cr);
+	*usec = DIV64_U64_ROUND_CLOSEST(timer * XAXIDMA_DELAY_SCALE, clk_rate);
+}
+
 /**
  * axienet_dma_start - Set up DMA registers and start DMA operation
  * @lp:		Pointer to the axienet_local structure
@@ -2095,11 +2116,21 @@ axienet_ethtools_get_coalesce(struct net_device *ndev,
 			      struct netlink_ext_ack *extack)
 {
 	struct axienet_local *lp = netdev_priv(ndev);
+	u32 cr;
 
-	ecoalesce->rx_max_coalesced_frames = lp->coalesce_count_rx;
-	ecoalesce->rx_coalesce_usecs = lp->coalesce_usec_rx;
-	ecoalesce->tx_max_coalesced_frames = lp->coalesce_count_tx;
-	ecoalesce->tx_coalesce_usecs = lp->coalesce_usec_tx;
+	spin_lock_irq(&lp->rx_cr_lock);
+	cr = lp->rx_dma_cr;
+	spin_unlock_irq(&lp->rx_cr_lock);
+	axienet_coalesce_params(lp, cr,
+				&ecoalesce->rx_max_coalesced_frames,
+				&ecoalesce->rx_coalesce_usecs);
+
+	spin_lock_irq(&lp->tx_cr_lock);
+	cr = lp->tx_dma_cr;
+	spin_unlock_irq(&lp->tx_cr_lock);
+	axienet_coalesce_params(lp, cr,
+				&ecoalesce->tx_max_coalesced_frames,
+				&ecoalesce->tx_coalesce_usecs);
 	return 0;
 }
 
@@ -2140,15 +2171,12 @@ axienet_ethtools_set_coalesce(struct net_device *ndev,
 		return -EINVAL;
 	}
 
-	lp->coalesce_count_rx = ecoalesce->rx_max_coalesced_frames;
-	lp->coalesce_usec_rx = ecoalesce->rx_coalesce_usecs;
-	lp->coalesce_count_tx = ecoalesce->tx_max_coalesced_frames;
-	lp->coalesce_usec_tx = ecoalesce->tx_coalesce_usecs;
-
-	cr = axienet_calc_cr(lp, lp->coalesce_count_rx, lp->coalesce_usec_rx);
+	cr = axienet_calc_cr(lp, ecoalesce->rx_max_coalesced_frames,
+			     ecoalesce->rx_coalesce_usecs);
 	axienet_update_coalesce_rx(lp, cr, ~XAXIDMA_CR_RUNSTOP_MASK);
 
-	cr = axienet_calc_cr(lp, lp->coalesce_count_tx, lp->coalesce_usec_tx);
+	cr = axienet_calc_cr(lp, ecoalesce->tx_max_coalesced_frames,
+			     ecoalesce->tx_coalesce_usecs);
 	axienet_update_coalesce_tx(lp, cr, ~XAXIDMA_CR_RUNSTOP_MASK);
 	return 0;
 }
@@ -2936,14 +2964,10 @@ static int axienet_probe(struct platform_device *pdev)
 
 	spin_lock_init(&lp->rx_cr_lock);
 	spin_lock_init(&lp->tx_cr_lock);
-	lp->coalesce_count_rx = XAXIDMA_DFT_RX_THRESHOLD;
-	lp->coalesce_count_tx = XAXIDMA_DFT_TX_THRESHOLD;
-	lp->coalesce_usec_rx = XAXIDMA_DFT_RX_USEC;
-	lp->coalesce_usec_tx = XAXIDMA_DFT_TX_USEC;
-	lp->rx_dma_cr = axienet_calc_cr(lp, lp->coalesce_count_rx,
-					lp->coalesce_usec_rx);
-	lp->tx_dma_cr = axienet_calc_cr(lp, lp->coalesce_count_tx,
-					lp->coalesce_usec_tx);
+	lp->rx_dma_cr = axienet_calc_cr(lp, XAXIDMA_DFT_RX_THRESHOLD,
+					XAXIDMA_DFT_RX_USEC);
+	lp->tx_dma_cr = axienet_calc_cr(lp, XAXIDMA_DFT_TX_THRESHOLD,
+					XAXIDMA_DFT_TX_USEC);
 
 	ret = axienet_mdio_setup(lp);
 	if (ret)
