diff --git a/package/ethtool/ethtool.mk b/package/ethtool/ethtool.mk
index 04f7dacf31..101d0a180d 100644
--- a/package/ethtool/ethtool.mk
+++ b/package/ethtool/ethtool.mk
@@ -4,7 +4,7 @@
 #
 #############################################################
 
-ETHTOOL_VERSION = 3.1
+ETHTOOL_VERSION = 3.2
 ETHTOOL_SITE = $(BR2_KERNEL_MIRROR)/software/network/ethtool
 
 $(eval $(call AUTOTARGETS))