diff --git a/src/compiler/backend/instruction.h b/src/compiler/backend/instruction.h
index 0419928792..e3aceeb43f 100644
--- a/src/compiler/backend/instruction.h
+++ b/src/compiler/backend/instruction.h
@@ -1430,6 +1430,7 @@ class V8_EXPORT_PRIVATE InstructionBlock final
     return loop_end_;
   }
   inline bool IsLoopHeader() const { return loop_end_.IsValid(); }
+  bool IsInLoop() const { return IsLoopHeader() || loop_header().IsValid(); }
   inline bool IsSwitchTarget() const { return switch_target_; }
   inline bool ShouldAlign() const { return alignment_; }
 
diff --git a/src/compiler/backend/spill-placer.cc b/src/compiler/backend/spill-placer.cc
index 55c2b4f7d1..7200b3e1d6 100644
--- a/src/compiler/backend/spill-placer.cc
+++ b/src/compiler/backend/spill-placer.cc
@@ -40,12 +40,12 @@ void SpillPlacer::Add(TopLevelLiveRange* range) {
   //   the earliest deferred block as the insertion point would cause
   //   incorrect behavior, so the value must be spilled at the definition.
   // - We haven't seen any indication of performance improvements from seeking
-  //   optimal spilling positions except on loop-top phi values, so spill
-  //   any value that isn't a loop-top phi at the definition to avoid
-  //   increasing the code size for no benefit.
+  //   optimal spilling positions for values defined outside loops, so spill
+  //   those values at the definition to avoid increasing the code size for no
+  //   benefit.
   if (range->GetSpillMoveInsertionLocations(data()) == nullptr ||
       range->spilled() || top_start_block->IsDeferred() ||
-      (!FLAG_stress_turbo_late_spilling && !range->is_loop_phi())) {
+      (!FLAG_stress_turbo_late_spilling && !top_start_block->IsInLoop())) {
     range->CommitSpillMoves(data(), spill_operand);
     return;
   }
diff --git a/src/flags/flag-definitions.h b/src/flags/flag-definitions.h
index 4c32b1d1ae..b4a9372000 100644
--- a/src/flags/flag-definitions.h
+++ b/src/flags/flag-definitions.h
@@ -562,7 +562,7 @@ DEFINE_BOOL(turbo_control_flow_aware_allocation, true,
             "consider control flow while allocating registers")
 DEFINE_BOOL(
     stress_turbo_late_spilling, false,
-    "optimize placement of all spill instructions, not just loop-top phis")
+    "optimize placement of all spill instructions, not just loop values")
 
 DEFINE_STRING(turbo_filter, "*", "optimization filter for TurboFan compiler")
 DEFINE_BOOL(trace_turbo, false, "trace generated TurboFan IR")