diff --git a/usr.sbin/makefs/mtree.c b/usr.sbin/makefs/mtree.c
--- a/usr.sbin/makefs/mtree.c
+++ b/usr.sbin/makefs/mtree.c
@@ -476,6 +476,7 @@
 static int
 read_mtree_keywords(FILE *fp, fsnode *node)
 {
+	bool have_mtree_time;
 	char keyword[PATH_MAX];
 	char *name, *p, *value;
 	gid_t gid;
@@ -487,6 +488,7 @@
 	uint32_t type;
 
 	st = &node->inode->st;
+	have_mtree_time = false;
 	do {
 		error = skip_over(fp, " \t");
 		if (error)
@@ -658,6 +660,7 @@
 				st->st_ctimensec = num;
 				st->st_mtimensec = num;
 #endif
+				have_mtree_time = true;
 			} else if (strcmp(keyword, "type") == 0) {
 				if (value == NULL) {
 					error = ENOATTR;
@@ -722,7 +725,17 @@
 		return (error);
 
 	st->st_mode = (st->st_mode & ~S_IFMT) | node->type;
-
+	/* Store -T timestamp only if the mtree entry didn't specify 'time'. */
+	if (stampst.st_ino != 0 && !have_mtree_time) {
+		st->st_atime = stampst.st_atime;
+		st->st_ctime = stampst.st_ctime;
+		st->st_mtime = stampst.st_mtime;
+#if HAVE_STRUCT_STAT_ST_MTIMENSEC
+		st->st_atimensec = stampst.st_atimensec;
+		st->st_mtimensec = stampst.st_mtimensec;
+		st->st_ctimensec = stampst.st_ctimensec;
+#endif
+	}
 	/* Nothing more to do for the global defaults. */
 	if (node->name == NULL)
 		return (0);