diff --git a/staging/src/k8s.io/apiserver/pkg/endpoints/request/webhook_duration.go b/staging/src/k8s.io/apiserver/pkg/endpoints/request/webhook_duration.go
index 612c671d85b..b7b7f897c6e 100644
--- a/staging/src/k8s.io/apiserver/pkg/endpoints/request/webhook_duration.go
+++ b/staging/src/k8s.io/apiserver/pkg/endpoints/request/webhook_duration.go
@@ -152,6 +152,13 @@ type LatencyTrackers struct {
 	// The Write method can be invoked multiple times, so we use a
 	// latency tracker that sums up the duration from each call.
 	ResponseWriteTracker DurationTracker
+
+	// DecodeTracker is used to track latency incurred inside the function
+	// that takes an object returned from the underlying storage layer
+	// (etcd) and performs decoding of the response object.
+	// When called multiple times, the latency incurred inside to
+	// decode func each time will be summed up.
+	DecodeTracker DurationTracker
 }
 
 type latencyTrackersKeyType int
@@ -177,6 +184,7 @@ func WithLatencyTrackersAndCustomClock(parent context.Context, c clock.Clock) co
 		TransformTracker:         newSumLatencyTracker(c),
 		SerializationTracker:     newSumLatencyTracker(c),
 		ResponseWriteTracker:     newSumLatencyTracker(c),
+		DecodeTracker:            newSumLatencyTracker(c),
 	})
 }
 
@@ -243,6 +251,17 @@ func TrackAPFQueueWaitLatency(ctx context.Context, d time.Duration) {
 	}
 }
 
+// TrackDecodeLatency is used to track latency incurred inside the function
+// that takes an object returned from the underlying storage layer
+// (etcd) and performs decoding of the response object.
+// When called multiple times, the latency incurred inside to
+// decode func each time will be summed up.
+func TrackDecodeLatency(ctx context.Context, d time.Duration) {
+	if tracker, ok := LatencyTrackersFrom(ctx); ok {
+		tracker.DecodeTracker.TrackDuration(d)
+	}
+}
+
 // AuditAnnotationsFromLatencyTrackers will inspect each latency tracker
 // associated with the request context and return a set of audit
 // annotations that can be added to the API audit entry.
@@ -254,6 +273,7 @@ func AuditAnnotationsFromLatencyTrackers(ctx context.Context) map[string]string
 		responseWriteLatencyKey     = "apiserver.latency.k8s.io/response-write"
 		mutatingWebhookLatencyKey   = "apiserver.latency.k8s.io/mutating-webhook"
 		validatingWebhookLatencyKey = "apiserver.latency.k8s.io/validating-webhook"
+		decodeLatencyKey            = "apiserver.latency.k8s.io/decode-response-object"
 	)
 
 	tracker, ok := LatencyTrackersFrom(ctx)
@@ -280,6 +300,9 @@ func AuditAnnotationsFromLatencyTrackers(ctx context.Context) map[string]string
 	if latency := tracker.ValidatingWebhookTracker.GetLatency(); latency != 0 {
 		annotations[validatingWebhookLatencyKey] = latency.String()
 	}
+	if latency := tracker.DecodeTracker.GetLatency(); latency != 0 {
+		annotations[decodeLatencyKey] = latency.String()
+	}
 
 	return annotations
 }
diff --git a/staging/src/k8s.io/apiserver/pkg/storage/etcd3/store.go b/staging/src/k8s.io/apiserver/pkg/storage/etcd3/store.go
index 4c92f7e7448..ed6ebe4669f 100644
--- a/staging/src/k8s.io/apiserver/pkg/storage/etcd3/store.go
+++ b/staging/src/k8s.io/apiserver/pkg/storage/etcd3/store.go
@@ -38,6 +38,7 @@ import (
 	"k8s.io/apimachinery/pkg/runtime/schema"
 	"k8s.io/apimachinery/pkg/watch"
 	"k8s.io/apiserver/pkg/audit"
+	endpointsrequest "k8s.io/apiserver/pkg/endpoints/request"
 	"k8s.io/apiserver/pkg/storage"
 	"k8s.io/apiserver/pkg/storage/etcd3/metrics"
 	"k8s.io/apiserver/pkg/storage/value"
@@ -761,10 +762,17 @@ func (s *store) GetList(ctx context.Context, key string, opts storage.ListOption
 			default:
 			}
 
-			if err := appendListItem(v, data, uint64(kv.ModRevision), opts.Predicate, s.codec, s.versioner, newItemFunc); err != nil {
+			obj, err := decodeListItem(ctx, data, uint64(kv.ModRevision), s.codec, s.versioner, newItemFunc)
+			if err != nil {
 				recordDecodeError(s.groupResourceString, string(kv.Key))
 				return err
 			}
+
+			// being unable to set the version does not prevent the object from being extracted
+			if matched, err := opts.Predicate.Matches(obj); err == nil && matched {
+				v.Set(reflect.Append(v, reflect.ValueOf(obj).Elem()))
+			}
+
 			numEvald++
 
 			// free kv early. Long lists can take O(seconds) to decode.
@@ -1038,20 +1046,23 @@ func decode(codec runtime.Codec, versioner storage.Versioner, value []byte, objP
 	return nil
 }
 
-// appendListItem decodes and appends the object (if it passes filter) to v, which must be a slice.
-func appendListItem(v reflect.Value, data []byte, rev uint64, pred storage.SelectionPredicate, codec runtime.Codec, versioner storage.Versioner, newItemFunc func() runtime.Object) error {
+// decodeListItem decodes bytes value in array into object.
+func decodeListItem(ctx context.Context, data []byte, rev uint64, codec runtime.Codec, versioner storage.Versioner, newItemFunc func() runtime.Object) (runtime.Object, error) {
+	startedAt := time.Now()
+	defer func() {
+		endpointsrequest.TrackDecodeLatency(ctx, time.Since(startedAt))
+	}()
+
 	obj, _, err := codec.Decode(data, nil, newItemFunc())
 	if err != nil {
-		return err
+		return nil, err
 	}
-	// being unable to set the version does not prevent the object from being extracted
+
 	if err := versioner.UpdateObject(obj, rev); err != nil {
 		klog.Errorf("failed to update object version: %v", err)
 	}
-	if matched, err := pred.Matches(obj); err == nil && matched {
-		v.Set(reflect.Append(v, reflect.ValueOf(obj).Elem()))
-	}
-	return nil
+
+	return obj, nil
 }
 
 // recordDecodeError record decode error split by object type.