diff --git a/drivers/hwmon/ina3221.c b/drivers/hwmon/ina3221.c
index 07dd6ef58d3e..974a29b1c8f0 100644
--- a/drivers/hwmon/ina3221.c
+++ b/drivers/hwmon/ina3221.c
@@ -20,6 +20,7 @@
 #include <linux/module.h>
 #include <linux/mutex.h>
 #include <linux/of.h>
+#include <linux/pm_runtime.h>
 #include <linux/regmap.h>
 
 #define INA3221_DRIVER_NAME		"ina3221"
@@ -53,6 +54,7 @@
 #define INA3221_CONFIG_CHs_EN_MASK	GENMASK(14, 12)
 #define INA3221_CONFIG_CHx_EN(x)	BIT(14 - (x))
 
+#define INA3221_CONFIG_DEFAULT		0x7127
 #define INA3221_RSHUNT_DEFAULT		10000
 
 enum ina3221_fields {
@@ -103,6 +105,7 @@ struct ina3221_input {
 
 /**
  * struct ina3221_data - device specific information
+ * @hdev: Device pointer of hwmon child device, used for pm runtime
  * @regmap: Register map of the device
  * @fields: Register fields of the device
  * @inputs: Array of channel input source specific structures
@@ -110,6 +113,7 @@ struct ina3221_input {
  * @reg_config: Register value of INA3221_CONFIG
  */
 struct ina3221_data {
+	struct device *hdev;
 	struct regmap *regmap;
 	struct regmap_field *fields[F_MAX_FIELDS];
 	struct ina3221_input inputs[INA3221_NUM_CHANNELS];
@@ -119,7 +123,8 @@ struct ina3221_data {
 
 static inline bool ina3221_is_enabled(struct ina3221_data *ina, int channel)
 {
-	return ina->reg_config & INA3221_CONFIG_CHx_EN(channel);
+	return pm_runtime_active(ina->hdev) &&
+	       (ina->reg_config & INA3221_CONFIG_CHx_EN(channel));
 }
 
 /* Lookup table for Bus and Shunt conversion times in usec */
@@ -290,21 +295,48 @@ static int ina3221_write_enable(struct device *dev, int channel, bool enable)
 {
 	struct ina3221_data *ina = dev_get_drvdata(dev);
 	u16 config, mask = INA3221_CONFIG_CHx_EN(channel);
+	u16 config_old = ina->reg_config & mask;
 	int ret;
 
 	config = enable ? mask : 0;
 
+	/* Bypass if enable status is not being changed */
+	if (config_old == config)
+		return 0;
+
+	/* For enabling routine, increase refcount and resume() at first */
+	if (enable) {
+		ret = pm_runtime_get_sync(ina->hdev);
+		if (ret < 0) {
+			dev_err(dev, "Failed to get PM runtime\n");
+			return ret;
+		}
+	}
+
 	/* Enable or disable the channel */
 	ret = regmap_update_bits(ina->regmap, INA3221_CONFIG, mask, config);
 	if (ret)
-		return ret;
+		goto fail;
 
 	/* Cache the latest config register value */
 	ret = regmap_read(ina->regmap, INA3221_CONFIG, &ina->reg_config);
 	if (ret)
-		return ret;
+		goto fail;
+
+	/* For disabling routine, decrease refcount or suspend() at last */
+	if (!enable)
+		pm_runtime_put_sync(ina->hdev);
 
 	return 0;
+
+fail:
+	if (enable) {
+		dev_err(dev, "Failed to enable channel %d: error %d\n",
+			channel, ret);
+		pm_runtime_put_sync(ina->hdev);
+	}
+
+	return ret;
 }
 
 static int ina3221_read(struct device *dev, enum hwmon_sensor_types type,
@@ -461,9 +493,66 @@ static const struct hwmon_ops ina3221_hwmon_ops = {
 	.write = ina3221_write,
 };
 
+static int __maybe_unused ina3221_suspend(struct device *dev)
+{
+	struct ina3221_data *ina = dev_get_drvdata(dev);
+	int ret;
+
+	/* Save config register value and enable cache-only */
+	ret = regmap_read(ina->regmap, INA3221_CONFIG, &ina->reg_config);
+	if (ret)
+		return ret;
+
+	/* Set to power-down mode for power saving */
+	ret = regmap_update_bits(ina->regmap, INA3221_CONFIG,
+				 INA3221_CONFIG_MODE_MASK,
+				 INA3221_CONFIG_MODE_POWERDOWN);
+	if (ret)
+		return ret;
+
+	regcache_cache_only(ina->regmap, true);
+	regcache_mark_dirty(ina->regmap);
+
+	return 0;
+}
+
+static int __maybe_unused ina3221_resume(struct device *dev)
+{
+	struct ina3221_data *ina = dev_get_drvdata(dev);
+	int ret;
+
+	regcache_cache_only(ina->regmap, false);
+
+	/* Software reset the chip */
+	ret = regmap_field_write(ina->fields[F_RST], true);
+	if (ret) {
+		dev_err(dev, "Unable to reset device\n");
+		return ret;
+	}
+
+	/* Restore cached register values to hardware */
+	ret = regcache_sync(ina->regmap);
+	if (ret)
+		return ret;
+
+	/* Restore config register value to hardware */
+	ret = regmap_write(ina->regmap, INA3221_CONFIG, ina->reg_config);
+	if (ret)
+		return ret;
+
+	return 0;
+}
+
+static const struct dev_pm_ops ina3221_pm = {
+	SET_SYSTEM_SLEEP_PM_OPS(pm_runtime_force_suspend,
+				pm_runtime_force_resume)
+	SET_RUNTIME_PM_OPS(ina3221_suspend, ina3221_resume, NULL)
+};
+
 static const struct hwmon_chip_info ina3221_chip_info = {
 	.ops = &ina3221_hwmon_ops,
 	.info = ina3221_info,
+	.pm = &ina3221_pm,
 };
 
 /* Extra attribute groups */
@@ -599,7 +688,6 @@ static int ina3221_probe(struct i2c_client *client,
 {
 	struct device *dev = &client->dev;
 	struct ina3221_data *ina;
-	struct device *hwmon_dev;
 	int i, ret;
 
 	ina = devm_kzalloc(dev, sizeof(*ina), GFP_KERNEL);
@@ -631,104 +719,78 @@ static int ina3221_probe(struct i2c_client *client,
 		return ret;
 	}
 
-	ret = regmap_field_write(ina->fields[F_RST], true);
-	if (ret) {
-		dev_err(dev, "Unable to reset device\n");
-		return ret;
-	}
-
-	/* Sync config register after reset */
-	ret = regmap_read(ina->regmap, INA3221_CONFIG, &ina->reg_config);
-	if (ret)
-		return ret;
+	/* The driver will be reset, so use reset value */
+	ina->reg_config = INA3221_CONFIG_DEFAULT;
 
 	/* Disable channels if their inputs are disconnected */
 	for (i = 0; i < INA3221_NUM_CHANNELS; i++) {
 		if (ina->inputs[i].disconnected)
 			ina->reg_config &= ~INA3221_CONFIG_CHx_EN(i);
 	}
-	ret = regmap_write(ina->regmap, INA3221_CONFIG, ina->reg_config);
-	if (ret)
-		return ret;
 
 	mutex_init(&ina->lock);
 	dev_set_drvdata(dev, ina);
 
-	hwmon_dev = devm_hwmon_device_register_with_info(dev, client->name, ina,
+	/* Fence sysfs nodes till pm_runtime is resumed */
+	mutex_lock(&ina->lock);
+
+	/* Use the returned hdev for pm_runtime */
+	ina->hdev = devm_hwmon_device_register_with_info(dev, client->name, ina,
 							 &ina3221_chip_info,
 							 ina3221_groups);
-	if (IS_ERR(hwmon_dev)) {
+	if (IS_ERR(ina->hdev)) {
 		dev_err(dev, "Unable to register hwmon device\n");
-		mutex_destroy(&ina->lock);
-		return PTR_ERR(hwmon_dev);
+		ret = PTR_ERR(ina->hdev);
+		goto fail_lock;
 	}
 
+	/* Enable PM runtime -- status is suspended by default */
+	pm_runtime_enable(ina->hdev);
+
+	/* Initialize (resume) the device */
+	for (i = 0; i < INA3221_NUM_CHANNELS; i++) {
+		if (ina->inputs[i].disconnected)
+			continue;
+		/* Match the refcount with number of enabled channels */
+		ret = pm_runtime_get_sync(ina->hdev);
+		if (ret < 0)
+			goto fail_pm;
+	}
+
+	mutex_unlock(&ina->lock);
+
 	return 0;
+
+fail_pm:
+	pm_runtime_disable(ina->hdev);
+	pm_runtime_set_suspended(ina->hdev);
+	/* pm_runtime_put_noidle() will decrease the PM refcount until 0 */
+	for (i = 0; i < INA3221_NUM_CHANNELS; i++)
+		pm_runtime_put_noidle(ina->hdev);
+fail_lock:
+	mutex_unlock(&ina->lock);
+	mutex_destroy(&ina->lock);
+
+	return ret;
 }
 
 static int ina3221_remove(struct i2c_client *client)
 {
 	struct ina3221_data *ina = dev_get_drvdata(&client->dev);
+	int i;
+
+	pm_runtime_disable(ina->hdev);
+	pm_runtime_set_suspended(ina->hdev);
+
+	/* pm_runtime_put_noidle() will decrease the PM refcount until 0 */
+	for (i = 0; i < INA3221_NUM_CHANNELS; i++)
+		pm_runtime_put_noidle(ina->hdev);
 
 	mutex_destroy(&ina->lock);
 
 	return 0;
 }
 
-static int __maybe_unused ina3221_suspend(struct device *dev)
-{
-	struct ina3221_data *ina = dev_get_drvdata(dev);
-	int ret;
-
-	/* Save config register value and enable cache-only */
-	ret = regmap_read(ina->regmap, INA3221_CONFIG, &ina->reg_config);
-	if (ret)
-		return ret;
-
-	/* Set to power-down mode for power saving */
-	ret = regmap_update_bits(ina->regmap, INA3221_CONFIG,
-				 INA3221_CONFIG_MODE_MASK,
-				 INA3221_CONFIG_MODE_POWERDOWN);
-	if (ret)
-		return ret;
-
-	regcache_cache_only(ina->regmap, true);
-	regcache_mark_dirty(ina->regmap);
-
-	return 0;
-}
-
-static int __maybe_unused ina3221_resume(struct device *dev)
-{
-	struct ina3221_data *ina = dev_get_drvdata(dev);
-	int ret;
-
-	regcache_cache_only(ina->regmap, false);
-
-	/* Software reset the chip */
-	ret = regmap_field_write(ina->fields[F_RST], true);
-	if (ret) {
-		dev_err(dev, "Unable to reset device\n");
-		return ret;
-	}
-
-	/* Restore cached register values to hardware */
-	ret = regcache_sync(ina->regmap);
-	if (ret)
-		return ret;
-
-	/* Restore config register value to hardware */
-	ret = regmap_write(ina->regmap, INA3221_CONFIG, ina->reg_config);
-	if (ret)
-		return ret;
-
-	return 0;
-}
-
-static const struct dev_pm_ops ina3221_pm = {
-	SET_SYSTEM_SLEEP_PM_OPS(ina3221_suspend, ina3221_resume)
-};
-
 static const struct of_device_id ina3221_of_match_table[] = {
 	{ .compatible = "ti,ina3221", },
 	{ /* sentinel */ }
@@ -747,7 +809,6 @@ static struct i2c_driver ina3221_i2c_driver = {
 	.driver = {
 		.name = INA3221_DRIVER_NAME,
 		.of_match_table = ina3221_of_match_table,
-		.pm = &ina3221_pm,
 	},
 	.id_table = ina3221_ids,
 };
