diff --git a/tools/buildman/builder.py b/tools/buildman/builder.py
index c2a6902..107086c 100644
--- a/tools/buildman/builder.py
+++ b/tools/buildman/builder.py
@@ -194,6 +194,7 @@
         work_in_output: Use the output directory as the work directory and
             don't write to a separate output directory.
         thread_exceptions: List of exceptions raised by thread jobs
+        no_lto (bool): True to set the NO_LTO flag when building
 
     Private members:
         _base_board_dict: Last-summarised Dict of boards
@@ -253,7 +254,7 @@
                  config_only=False, squash_config_y=False,
                  warnings_as_errors=False, work_in_output=False,
                  test_thread_exceptions=False, adjust_cfg=None,
-                 allow_missing=False):
+                 allow_missing=False, no_lto=False):
         """Create a new Builder object
 
         Args:
@@ -292,6 +293,7 @@
                     C=val to set the value of C (val must have quotes if C is
                         a string Kconfig
             allow_missing: Run build with BINMAN_ALLOW_MISSING=1
+            no_lto (bool): True to set the NO_LTO flag when building
 
         """
         self.toolchains = toolchains
@@ -331,6 +333,7 @@
         self.adjust_cfg = adjust_cfg
         self.allow_missing = allow_missing
         self._ide = False
+        self.no_lto = no_lto
 
         if not self.squash_config_y:
             self.config_filenames += EXTRA_CONFIG_FILENAMES
diff --git a/tools/buildman/builderthread.py b/tools/buildman/builderthread.py
index 7ba9a85..dae3d4a 100644
--- a/tools/buildman/builderthread.py
+++ b/tools/buildman/builderthread.py
@@ -255,6 +255,8 @@
                     args.append('KCFLAGS=-Werror')
                 if self.builder.allow_missing:
                     args.append('BINMAN_ALLOW_MISSING=1')
+                if self.builder.no_lto:
+                    args.append('NO_LTO=1')
                 config_args = ['%s_defconfig' % brd.target]
                 config_out = ''
                 args.extend(self.builder.toolchains.GetMakeArguments(brd))
diff --git a/tools/buildman/buildman.rst b/tools/buildman/buildman.rst
index 11c7214..800b83a 100644
--- a/tools/buildman/buildman.rst
+++ b/tools/buildman/buildman.rst
@@ -1123,6 +1123,20 @@
    buildman -O clang-7 --board sandbox
 
 
+Building without LTO
+--------------------
+
+Link-time optimisation (LTO) is designed to reduce code size by globally
+optimising the U-Boot build. Unfortunately this can dramatically slow down
+builds. This is particularly noticeable when running a lot of builds.
+
+Use the -L (--no-lto) flag to disable LTO.
+
+.. code-block:: bash
+
+   buildman -L --board sandbox
+
+
 Doing a simple build
 --------------------
 
diff --git a/tools/buildman/cmdline.py b/tools/buildman/cmdline.py
index c485994..4090136 100644
--- a/tools/buildman/cmdline.py
+++ b/tools/buildman/cmdline.py
@@ -71,6 +71,8 @@
           default=False, help="Don't convert y to 1 in configs")
     parser.add_option('-l', '--list-error-boards', action='store_true',
           default=False, help='Show a list of boards next to each error/warning')
+    parser.add_option('-L', '--no-lto', action='store_true',
+          default=False, help='Disable Link-time Optimisation (LTO) for builds')
     parser.add_option('--list-tool-chains', action='store_true', default=False,
           help='List available tool chains (use -v to see probing detail)')
     parser.add_option('-m', '--mrproper', action='store_true',
diff --git a/tools/buildman/control.py b/tools/buildman/control.py
index 87e7d0e..13a462a 100644
--- a/tools/buildman/control.py
+++ b/tools/buildman/control.py
@@ -351,7 +351,7 @@
             work_in_output=options.work_in_output,
             test_thread_exceptions=test_thread_exceptions,
             adjust_cfg=adjust_cfg,
-            allow_missing=allow_missing)
+            allow_missing=allow_missing, no_lto=options.no_lto)
     builder.force_config_on_failure = not options.quick
     if make_func:
         builder.do_make = make_func
diff --git a/tools/buildman/func_test.py b/tools/buildman/func_test.py
index 799c609..6d15572 100644
--- a/tools/buildman/func_test.py
+++ b/tools/buildman/func_test.py
@@ -724,15 +724,32 @@
         self.assertEqual(False,
                          control.get_allow_missing(False, True, 2, True))
 
-    def testCmdFile(self):
-        """Test that the -cmd-out file is produced"""
-        self._RunControl('-o', self._output_dir)
+    def check_command(self, *extra_args):
+        """Run a command with the extra arguments and return the commands used
+
+        Args:
+            extra_args (list of str): List of extra arguments
+
+        Returns:
+            list of str: Lines returned in the out-cmd file
+        """
+        self._RunControl('-o', self._output_dir, *extra_args)
         board0_dir = os.path.join(self._output_dir, 'current', 'board0')
         self.assertTrue(os.path.exists(os.path.join(board0_dir, 'done')))
         cmd_fname = os.path.join(board0_dir, 'out-cmd')
         self.assertTrue(os.path.exists(cmd_fname))
         data = tools.read_file(cmd_fname)
-        lines = data.splitlines()
+        return data.splitlines()
+
+    def testCmdFile(self):
+        """Test that the -cmd-out file is produced"""
+        lines = self.check_command()
         self.assertEqual(2, len(lines))
         self.assertRegex(lines[0], b'make O=/.*board0_defconfig')
         self.assertRegex(lines[0], b'make O=/.*-s.*')
+
+    def testNoLto(self):
+        """Test that the --no-lto flag works"""
+        lines = self.check_command('-L')
+        self.assertIn(b'NO_LTO=1', lines[0])
+