Index: llvm/test/tools/llvm-objcopy/ELF/binary-paddr.test
===================================================================
--- llvm/test/tools/llvm-objcopy/ELF/binary-paddr.test
+++ llvm/test/tools/llvm-objcopy/ELF/binary-paddr.test
@@ -129,3 +129,47 @@
     VAddr: 0x3000
     Sections:
       - Section: .data
+
+## Check that the LMA is correctly calculated for sections not contained in a
+## PT_LOAD segment.
+
+# RUN: yaml2obj --docnum=4 %s -o %t4
+# RUN: llvm-objcopy -O binary %t4 %t4.out
+# RUN: od -A x -t x1 %t4.out | FileCheck %s --check-prefix=CHECK4 --ignore-case
+# RUN: wc -c %t4.out | FileCheck %s --check-prefix=SIZE4
+
+# CHECK4:      90 90 90 90 90 90 90 c3
+# SIZE4:       8
+
+--- !ELF
+FileHeader:
+  Class:           ELFCLASS64
+  Data:            ELFDATA2LSB
+  Type:            ET_EXEC
+  Machine:         EM_X86_64
+Sections:
+  - Name:            .text
+    Type:            SHT_PROGBITS
+    Flags:           [ SHF_ALLOC, SHF_EXECINSTR ]
+    Address:         0x8000
+    AddressAlign:    0x8
+    Content:         90909090909090C3
+  - Name:            .bss
+    Type:            SHT_NOBITS
+    Flags:           [ SHF_ALLOC, SHF_WRITE ]
+    Address:         0x8008
+    AddressAlign:    0x1
+    Size:            0x4
+ProgramHeaders:
+  - Type: PT_LOAD
+    Flags: [ PF_R, PF_X ]
+    VAddr: 0x8000
+    Sections:
+      - Section: .text
+  - Type: PT_GNU_STACK
+    Flags: [ PF_R, PF_W ]
+    VAddr: 0x0000
+    FileSize: 0x0000
+    Align: 0x0000
+    # The huge size makes this phdr a parent of .bss
+    MemSize: 0x1000000
Index: llvm/tools/llvm-objcopy/ELF/Object.cpp
===================================================================
--- llvm/tools/llvm-objcopy/ELF/Object.cpp
+++ llvm/tools/llvm-objcopy/ELF/Object.cpp
@@ -2258,9 +2258,14 @@
   // skipped.
   uint64_t MinAddr = UINT64_MAX;
   for (SectionBase &Sec : Obj.allocSections()) {
-    if (Sec.ParentSegment != nullptr)
-      Sec.Addr =
-          Sec.Offset - Sec.ParentSegment->Offset + Sec.ParentSegment->PAddr;
+    if (Sec.ParentSegment != nullptr) {
+      if (Sec.ParentSegment->Type == PT_LOAD)
+        Sec.Addr =
+            Sec.Offset - Sec.ParentSegment->Offset + Sec.ParentSegment->PAddr;
+      else
+        Sec.Addr =
+            Sec.Addr - Sec.ParentSegment->VAddr + Sec.ParentSegment->PAddr;
+    }
     MinAddr = std::min(MinAddr, Sec.Addr);
   }