diff --git a/drivers/phy/phy-core.c b/drivers/phy/phy-core.c
index 8c7f27db6ad3..e7e574dc667a 100644
--- a/drivers/phy/phy-core.c
+++ b/drivers/phy/phy-core.c
@@ -275,20 +275,21 @@ EXPORT_SYMBOL_GPL(phy_exit);
 
 int phy_power_on(struct phy *phy)
 {
-	int ret;
+	int ret = 0;
 
 	if (!phy)
-		return 0;
+		goto out;
 
 	if (phy->pwr) {
 		ret = regulator_enable(phy->pwr);
 		if (ret)
-			return ret;
+			goto out;
 	}
 
 	ret = phy_pm_runtime_get_sync(phy);
 	if (ret < 0 && ret != -ENOTSUPP)
-		return ret;
+		goto err_pm_sync;
+
 	ret = 0; /* Override possible ret == -ENOTSUPP */
 
 	mutex_lock(&phy->mutex);
@@ -296,19 +297,20 @@ int phy_power_on(struct phy *phy)
 		ret = phy->ops->power_on(phy);
 		if (ret < 0) {
 			dev_err(&phy->dev, "phy poweron failed --> %d\n", ret);
-			goto out;
+			goto err_pwr_on;
 		}
 	}
 	++phy->power_count;
 	mutex_unlock(&phy->mutex);
 	return 0;
 
-out:
+err_pwr_on:
 	mutex_unlock(&phy->mutex);
 	phy_pm_runtime_put_sync(phy);
+err_pm_sync:
 	if (phy->pwr)
 		regulator_disable(phy->pwr);
-
+out:
 	return ret;
 }
 EXPORT_SYMBOL_GPL(phy_power_on);