diff --git a/torch/_dynamo/convert_frame.py b/torch/_dynamo/convert_frame.py
index c1740f41505..62a42d2b5d3 100644
--- a/torch/_dynamo/convert_frame.py
+++ b/torch/_dynamo/convert_frame.py
@@ -27,7 +27,7 @@ import torch
 import torch._logging
 from torch._guards import compile_context, CompileContext, CompileId, tracing
 from torch._logging import structured
-from torch._utils_internal import signpost_event
+from torch._utils_internal import compiletime_sl_profile_meta, signpost_event
 from torch.fx.experimental.symbolic_shapes import (
     ConstraintViolationError,
     GuardOnDataDependentSymNode,
@@ -441,6 +441,7 @@ def register_bytecode_hook(hook: BytecodeHook) -> RemovableHandle:
     return handle
 
 
+@compiletime_sl_profile_meta(phase_name="_compile")
 @_use_lazy_graph_module(config.use_lazy_graph_module)
 @maybe_cprofile
 def _compile(
diff --git a/torch/_inductor/compile_fx.py b/torch/_inductor/compile_fx.py
index 25f7b2978aa..d03d231b44c 100644
--- a/torch/_inductor/compile_fx.py
+++ b/torch/_inductor/compile_fx.py
@@ -46,7 +46,7 @@ from torch._inductor.utils import BoxedBool, count_tangents
 from torch._logging import trace_structured
 from torch._ops import OpOverload
 from torch._subclasses.fake_tensor import FakeTensor
-from torch._utils_internal import signpost_event
+from torch._utils_internal import compiletime_sl_profile_meta, signpost_event
 from torch.fx.experimental.symbolic_shapes import free_unbacked_symbols
 from torch.fx.passes.fake_tensor_prop import FakeTensorProp
 
@@ -1339,6 +1339,7 @@ def compile_fx(
             graph, joint_inputs, **kwargs, compiler="inductor"
         )
 
+    @compiletime_sl_profile_meta(phase_name="bw_compiler")
     @dynamo_utils.dynamo_timed
     @dynamo_utils.maybe_cprofile
     def bw_compiler(model: torch.fx.GraphModule, example_inputs: List[torch.Tensor]):
diff --git a/torch/_utils_internal.py b/torch/_utils_internal.py
index 69849208814..8cf4b1826a6 100644
--- a/torch/_utils_internal.py
+++ b/torch/_utils_internal.py
@@ -62,6 +62,18 @@ def throw_abstract_impl_not_imported_error(opname, module, context):
         )
 
 
+# Meta only, act as nop otherwise.
+def compiletime_sl_profile_meta(phase_name):
+    def compiletime_sl_profile_inner(function):
+        @functools.wraps(function)
+        def wrapper_function(*args, **kwargs):
+            return function(*args, **kwargs)
+
+        return wrapper_function
+
+    return compiletime_sl_profile_inner
+
+
 # Meta only, see
 # https://www.internalfb.com/intern/wiki/ML_Workflow_Observability/User_Guides/Adding_instrumentation_to_your_code/
 #