diff --git a/vllm/forward_context.py b/vllm/forward_context.py
index cd136f43c0c57..7f56575279e9b 100644
--- a/vllm/forward_context.py
+++ b/vllm/forward_context.py
@@ -1,9 +1,11 @@
 import time
-from collections import Counter
+from collections import defaultdict
 from contextlib import contextmanager
 from dataclasses import dataclass
 from typing import Any, Dict, Optional
 
+import torch
+
 import vllm.envs as envs
 from vllm.config import VllmConfig
 from vllm.logger import init_logger
@@ -11,9 +13,10 @@
 logger = init_logger(__name__)
 
 track_batchsize: bool = envs.VLLM_LOG_BATCHSIZE_INTERVAL >= 0
-batchsize_counter: Counter = Counter()
 last_logging_time: float = 0
+forward_start_time: float = 0
 batchsize_logging_interval: float = envs.VLLM_LOG_BATCHSIZE_INTERVAL
+batchsize_forward_time: defaultdict = defaultdict(list)
 
 
 @dataclass
@@ -40,23 +43,10 @@ def set_forward_context(context: Any, vllm_config: VllmConfig):
     can be attention metadata, etc.
     Here we can inject common logic for every model forward pass.
     """
-    global track_batchsize, batchsize_counter
-    global last_logging_time, batchsize_logging_interval
-    if track_batchsize and context is not None:
-        if hasattr(context, "num_prefill_tokens"):
-            # for v0 attention backends
-            batchsize = context.num_prefill_tokens + context.num_decode_tokens
-        else:
-            # for v1 attention backends
-            batchsize = context.num_input_tokens
-        batchsize_counter[batchsize] += 1
-        if time.monotonic() - last_logging_time > batchsize_logging_interval:
-            last_logging_time = time.monotonic()
-            sorted_data = sorted(batchsize_counter.items(),
-                                 key=lambda x: x[1],
-                                 reverse=True)
-            logger.info("Batchsize distribution (batchsize, count): %s",
-                        sorted_data)
+    global forward_start_time
+    need_to_track_batchsize = track_batchsize and context is not None
+    if need_to_track_batchsize:
+        forward_start_time = time.perf_counter()
     global _forward_context
     prev_context = _forward_context
     _forward_context = ForwardContext(
@@ -66,4 +56,37 @@ def set_forward_context(context: Any, vllm_config: VllmConfig):
     try:
         yield
     finally:
+        global batchsize_counter
+        global last_logging_time, batchsize_logging_interval
+        if need_to_track_batchsize:
+            if hasattr(context, "num_prefill_tokens"):
+                # for v0 attention backends
+                batchsize = context.num_prefill_tokens + \
+                    context.num_decode_tokens
+            else:
+                # for v1 attention backends
+                batchsize = context.num_input_tokens
+            # we use synchronous scheduling right now,
+            # adding a sync point here should not affect
+            # scheduling of the next batch
+            torch.cuda.synchronize()
+            now = time.perf_counter()
+            # time measurement is in milliseconds
+            batchsize_forward_time[batchsize].append(
+                (now - forward_start_time) * 1000)
+            if now - last_logging_time > batchsize_logging_interval:
+                last_logging_time = now
+                forward_stats = []
+                for bs, times in batchsize_forward_time.items():
+                    if len(times) <= 1:
+                        # can be cudagraph / profiling run
+                        continue
+                    medium = torch.quantile(torch.tensor(times), q=0.5).item()
+                    medium = round(medium, 2)
+                    forward_stats.append((bs, len(times), medium))
+                forward_stats.sort(key=lambda x: x[1], reverse=True)
+                if forward_stats:
+                    logger.info(("Batchsize forward time stats "
+                                 "(batchsize, count, median_time(ms)): %s"),
+                                forward_stats)
         _forward_context = prev_context