diff --git a/tools/lib/perf/Makefile b/tools/lib/perf/Makefile
index 30b7f91e7147..d8cad124e4c5 100644
--- a/tools/lib/perf/Makefile
+++ b/tools/lib/perf/Makefile
@@ -208,7 +208,7 @@ install_headers: $(INSTALL_HDRS) $(INSTALL_INTERNAL_HDRS)
 
 install_pkgconfig: $(LIBPERF_PC)
 	$(call QUIET_INSTALL, $(LIBPERF_PC)) \
-		$(call do_install,$(LIBPERF_PC),$(libdir_SQ)/pkgconfig,644)
+		$(call do_install,$(LIBPERF_PC),$(DESTDIR_SQ)$(libdir_SQ)/pkgconfig,644)
 
 install_doc:
 	$(Q)$(MAKE) -C Documentation install-man install-html install-examples