diff --git a/pkg/agent/loadbalancer/loadbalancer.go b/pkg/agent/loadbalancer/loadbalancer.go
index 09727db189..82b581a364 100644
--- a/pkg/agent/loadbalancer/loadbalancer.go
+++ b/pkg/agent/loadbalancer/loadbalancer.go
@@ -11,6 +11,7 @@ import (
 	"time"
 
 	"github.com/inetaf/tcpproxy"
+	"github.com/k3s-io/k3s/pkg/util/metrics"
 	"github.com/k3s-io/k3s/pkg/version"
 	"github.com/sirupsen/logrus"
 )
@@ -99,13 +100,8 @@ func New(ctx context.Context, dataDir, serviceName, defaultServerURL string, lbS
 		OnDialError: onDialError,
 		DialContext: func(ctx context.Context, network, address string) (net.Conn, error) {
 			start := time.Now()
-			status := "success"
 			conn, err := lb.servers.dialContext(ctx, network, address)
-			latency := time.Since(start)
-			if err != nil {
-				status = "error"
-			}
-			loadbalancerDials.WithLabelValues(serviceName, status).Observe(latency.Seconds())
+			metrics.ObserveWithStatus(loadbalancerDials, start, err, serviceName)
 			return conn, err
 		},
 	})
diff --git a/pkg/etcd/snapshot.go b/pkg/etcd/snapshot.go
index 90919c2403..b55daccec8 100644
--- a/pkg/etcd/snapshot.go
+++ b/pkg/etcd/snapshot.go
@@ -23,6 +23,7 @@ import (
 	"github.com/k3s-io/k3s/pkg/etcd/s3"
 	"github.com/k3s-io/k3s/pkg/etcd/snapshot"
 	"github.com/k3s-io/k3s/pkg/util"
+	"github.com/k3s-io/k3s/pkg/util/metrics"
 	"github.com/k3s-io/k3s/pkg/version"
 	"github.com/pkg/errors"
 	"github.com/robfig/cron/v3"
@@ -191,6 +192,20 @@ func (e *ETCD) decompressSnapshot(snapshotDir, snapshotFile string) (string, err
 // subcommand for prune that can be run manually if the user wants to remove old snapshots.
 // Returns metadata about the new and pruned snapshots.
 func (e *ETCD) Snapshot(ctx context.Context) (*managed.SnapshotResult, error) {
+	res, err := e.snapshot(ctx)
+	if err != nil {
+		return res, err
+	}
+	return res, e.reconcileSnapshotData(ctx, res)
+}
+
+// snapshot is the actual snapshot save/upload implementation.
+// This is not inline in the Snapshot function so that the save and reconcile operation
+// metrics do not overlap.
+func (e *ETCD) snapshot(ctx context.Context) (_ *managed.SnapshotResult, rerr error) {
+	snapshotStart := time.Now()
+	defer metrics.ObserveWithStatus(snapshotSaveCount, snapshotStart, rerr)
+
 	if !e.snapshotMu.TryLock() {
 		return nil, errors.New("snapshot save already in progress")
 	}
@@ -243,7 +258,11 @@ func (e *ETCD) Snapshot(ctx context.Context) (*managed.SnapshotResult, error) {
 
 	var sf *snapshot.File
 
-	if err := snapshotv3.Save(ctx, e.client.GetLogger(), *cfg, snapshotPath); err != nil {
+	saveStart := time.Now()
+	err = snapshotv3.Save(ctx, e.client.GetLogger(), *cfg, snapshotPath)
+	metrics.ObserveWithStatus(snapshotSaveLocalCount, saveStart, err)
+
+	if err != nil {
 		sf = &snapshot.File{
 			Name:     snapshotName,
 			Location: "",
@@ -319,9 +338,11 @@ func (e *ETCD) Snapshot(ctx context.Context) (*managed.SnapshotResult, error) {
 		res.Deleted = append(res.Deleted, deleted...)
 
 		if e.config.EtcdS3 != nil {
+			s3Start := time.Now()
 			if s3client, err := e.getS3Client(ctx); err != nil {
 				logrus.Warnf("Unable to initialize S3 client: %v", err)
 				if !errors.Is(err, s3.ErrNoConfigSecret) {
+					metrics.ObserveWithStatus(snapshotSaveS3Count, s3Start, err)
 					err = errors.Wrap(err, "failed to initialize S3 client")
 					sf = &snapshot.File{
 						Name:     f.Name(),
@@ -341,6 +362,7 @@ func (e *ETCD) Snapshot(ctx context.Context) (*managed.SnapshotResult, error) {
 				// upload will return a snapshot.File even on error - if there was an
 				// error, it will be reflected in the status and message.
 				sf, err = s3client.Upload(ctx, snapshotPath, extraMetadata, now)
+				metrics.ObserveWithStatus(snapshotSaveS3Count, s3Start, err)
 				if err != nil {
 					logrus.Errorf("Error received during snapshot upload to S3: %s", err)
 				} else {
@@ -365,7 +387,7 @@ func (e *ETCD) Snapshot(ctx context.Context) (*managed.SnapshotResult, error) {
 		}
 	}
 
-	return res, e.reconcileSnapshotData(ctx, res)
+	return res, nil
 }
 
 // listLocalSnapshots provides a list of the currently stored
@@ -659,7 +681,10 @@ func (e *ETCD) ReconcileSnapshotData(ctx context.Context) error {
 // It will reconcile snapshot data from disk locally always, and if S3 is enabled, will attempt to
 // list S3 snapshots and reconcile snapshots from S3. Any snapshots listed in the Deleted field of
 // the provided SnapshotResult are deleted, even if they are within a retention window.
-func (e *ETCD) reconcileSnapshotData(ctx context.Context, res *managed.SnapshotResult) error {
+func (e *ETCD) reconcileSnapshotData(ctx context.Context, res *managed.SnapshotResult) (rerr error) {
+	reconcileStart := time.Now()
+	defer metrics.ObserveWithStatus(snapshotReconcileCount, reconcileStart, rerr)
+
 	// make sure the core.Factory is initialized. There can
 	// be a race between this core code startup.
 	for e.config.Runtime.Core == nil {
@@ -670,7 +695,9 @@ func (e *ETCD) reconcileSnapshotData(ctx context.Context, res *managed.SnapshotR
 	defer logrus.Infof("Reconciliation of ETCDSnapshotFile resources complete")
 
 	// Get snapshots from local filesystem
+	localStart := time.Now()
 	snapshotFiles, err := e.listLocalSnapshots()
+	metrics.ObserveWithStatus(snapshotReconcileLocalCount, localStart, err)
 	if err != nil {
 		return err
 	}
@@ -679,13 +706,17 @@ func (e *ETCD) reconcileSnapshotData(ctx context.Context, res *managed.SnapshotR
 
 	// Get snapshots from S3
 	if e.config.EtcdS3 != nil {
+		s3Start := time.Now()
 		if s3client, err := e.getS3Client(ctx); err != nil {
 			logrus.Warnf("Unable to initialize S3 client: %v", err)
 			if !errors.Is(err, s3.ErrNoConfigSecret) {
+				metrics.ObserveWithStatus(snapshotReconcileS3Count, s3Start, err)
 				return errors.Wrap(err, "failed to initialize S3 client")
 			}
 		} else {
-			if s3Snapshots, err := s3client.ListSnapshots(ctx); err != nil {
+			s3Snapshots, err := s3client.ListSnapshots(ctx)
+			metrics.ObserveWithStatus(snapshotReconcileS3Count, s3Start, err)
+			if err != nil {
 				logrus.Errorf("Error retrieving S3 snapshots for reconciliation: %v", err)
 			} else {
 				for k, v := range s3Snapshots {
diff --git a/pkg/etcd/snapshot_metrics.go b/pkg/etcd/snapshot_metrics.go
new file mode 100644
index 0000000000..b008e2cbe9
--- /dev/null
+++ b/pkg/etcd/snapshot_metrics.go
@@ -0,0 +1,57 @@
+package etcd
+
+import (
+	"github.com/k3s-io/k3s/pkg/version"
+	"github.com/prometheus/client_golang/prometheus"
+	"k8s.io/component-base/metrics"
+)
+
+var (
+	snapshotSaveCount = prometheus.NewHistogramVec(prometheus.HistogramOpts{
+		Name:    version.Program + "_etcd_snapshot_save_duration_seconds",
+		Help:    "Total time taken to complete the etcd snapshot process",
+		Buckets: metrics.ExponentialBuckets(0.008, 2, 15),
+	}, []string{"status"})
+
+	snapshotSaveLocalCount = prometheus.NewHistogramVec(prometheus.HistogramOpts{
+		Name:    version.Program + "_etcd_snapshot_save_local_duration_seconds",
+		Help:    "Total time taken to save a local snapshot file",
+		Buckets: metrics.ExponentialBuckets(0.008, 2, 15),
+	}, []string{"status"})
+
+	snapshotSaveS3Count = prometheus.NewHistogramVec(prometheus.HistogramOpts{
+		Name:    version.Program + "_etcd_snapshot_save_s3_duration_seconds",
+		Help:    "Total time taken to upload a snapshot file to S3",
+		Buckets: metrics.ExponentialBuckets(0.008, 2, 15),
+	}, []string{"status"})
+
+	snapshotReconcileCount = prometheus.NewHistogramVec(prometheus.HistogramOpts{
+		Name:    version.Program + "_etcd_snapshot_reconcile_duration_seconds",
+		Help:    "Total time taken to sync the list of etcd snapshots",
+		Buckets: metrics.ExponentialBuckets(0.008, 2, 15),
+	}, []string{"status"})
+
+	snapshotReconcileLocalCount = prometheus.NewHistogramVec(prometheus.HistogramOpts{
+		Name:    version.Program + "_etcd_snapshot_reconcile_local_duration_seconds",
+		Help:    "Total time taken to list local snapshot files",
+		Buckets: metrics.ExponentialBuckets(0.008, 2, 15),
+	}, []string{"status"})
+
+	snapshotReconcileS3Count = prometheus.NewHistogramVec(prometheus.HistogramOpts{
+		Name:    version.Program + "_etcd_snapshot_reconcile_s3_duration_seconds",
+		Help:    "Total time taken to list S3 snapshot files",
+		Buckets: metrics.ExponentialBuckets(0.008, 2, 15),
+	}, []string{"status"})
+)
+
+// MustRegister registers etcd snapshot metrics
+func MustRegister(registerer prometheus.Registerer) {
+	registerer.MustRegister(
+		snapshotSaveCount,
+		snapshotSaveLocalCount,
+		snapshotSaveS3Count,
+		snapshotReconcileCount,
+		snapshotReconcileLocalCount,
+		snapshotReconcileS3Count,
+	)
+}
diff --git a/pkg/metrics/metrics.go b/pkg/metrics/metrics.go
index eccb4abb0b..07b41ac46a 100644
--- a/pkg/metrics/metrics.go
+++ b/pkg/metrics/metrics.go
@@ -8,6 +8,7 @@ import (
 	"github.com/k3s-io/k3s/pkg/agent/https"
 	"github.com/k3s-io/k3s/pkg/agent/loadbalancer"
 	"github.com/k3s-io/k3s/pkg/daemons/config"
+	"github.com/k3s-io/k3s/pkg/etcd"
 	"github.com/prometheus/client_golang/prometheus/promhttp"
 	lassometrics "github.com/rancher/lasso/pkg/metrics"
 	"k8s.io/component-base/metrics/legacyregistry"
@@ -35,6 +36,8 @@ func init() {
 	lassometrics.MustRegister(DefaultRegisterer)
 	// same for loadbalancer metrics
 	loadbalancer.MustRegister(DefaultRegisterer)
+	// and etcd snapshot metrics
+	etcd.MustRegister(DefaultRegisterer)
 }
 
 // Config holds fields for the metrics listener
diff --git a/pkg/util/metrics/metrics.go b/pkg/util/metrics/metrics.go
new file mode 100644
index 0000000000..31a26011a6
--- /dev/null
+++ b/pkg/util/metrics/metrics.go
@@ -0,0 +1,16 @@
+package metrics
+
+import (
+	"time"
+
+	"github.com/prometheus/client_golang/prometheus"
+)
+
+func ObserveWithStatus(vec *prometheus.HistogramVec, start time.Time, err error, labels ...string) {
+	status := "success"
+	if err != nil {
+		status = "error"
+	}
+	labels = append(labels, status)
+	vec.WithLabelValues(labels...).Observe(time.Since(start).Seconds())
+}