diff --git a/src/v/storage/disk_log_impl.cc b/src/v/storage/disk_log_impl.cc
index 7baf595223efa..278804759cdf0 100644
--- a/src/v/storage/disk_log_impl.cc
+++ b/src/v/storage/disk_log_impl.cc
@@ -1413,8 +1413,6 @@ ss::future<> disk_log_impl::housekeeping(housekeeping_config cfg) {
             std::rethrow_exception(fut.get_exception());
         }
     }
-
-    _probe->set_compaction_ratio(_compaction_ratio.get());
 }
 
 ss::future<> disk_log_impl::do_compact(
diff --git a/src/v/storage/probe.cc b/src/v/storage/probe.cc
index dca48700b559b..e7d084620d061 100644
--- a/src/v/storage/probe.cc
+++ b/src/v/storage/probe.cc
@@ -258,18 +258,6 @@ void probe::setup_metrics(const model::ntp& ntp) {
       },
       {},
       {sm::shard_label, metrics::partition_label});
-
-    _metrics.add_group(
-      group_name,
-      {
-        // compaction_ratio cannot easily be aggregated since aggregation always
-        // sums values and sum is nonsensical for a compaction ratio
-        sm::make_total_bytes(
-          "compaction_ratio",
-          [this] { return _compaction_ratio; },
-          sm::description("Average segment compaction ratio"),
-          labels),
-      });
 }
 
 void probe::add_initial_segment(const segment& s) {
diff --git a/src/v/storage/probe.h b/src/v/storage/probe.h
index 3a63560fec916..787f158523dbf 100644
--- a/src/v/storage/probe.h
+++ b/src/v/storage/probe.h
@@ -125,7 +125,6 @@ class probe {
     size_t partition_size() const { return _partition_bytes; }
     void add_initial_segment(const segment&);
     void remove_partition_bytes(size_t remove) { _partition_bytes -= remove; }
-    void set_compaction_ratio(double r) { _compaction_ratio = r; }
 
     int64_t get_batch_parse_errors() const { return _batch_parse_errors; }
     /**
@@ -164,7 +163,6 @@ class probe {
     uint32_t _batch_parse_errors = 0;
     uint32_t _batch_write_errors = 0;
 
-    double _compaction_ratio = 1.0;
     uint64_t _tombstones_removed = 0;
     uint64_t _control_batches_removed = 0;
     uint64_t _segment_cleanly_compacted = 0;