diff --git a/utils/docker-compose/Makefile b/utils/docker-compose/Makefile
index e4f5fe0d46..139148a8c7 100644
--- a/utils/docker-compose/Makefile
+++ b/utils/docker-compose/Makefile
@@ -1,14 +1,14 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=compose
-PKG_VERSION:=2.20.3
+PKG_VERSION:=2.21.0
 PKG_RELEASE:=1
 PKG_LICENSE:=Apache-2.0
 PKG_LICENSE_FILES:=LICENSE
 
 PKG_SOURCE:=v$(PKG_VERSION).tar.gz
 PKG_SOURCE_URL:=https://codeload.github.com/docker/compose/tar.gz/v${PKG_VERSION}?
-PKG_HASH:=af8025623de3991a15a89575ae4fc4f3f38a17311af9641815500c01f0775950
+PKG_HASH:=0014b23382a50c90f91849e491500568366052882e22011822ca2d8a3b2976f2
 
 PKG_MAINTAINER:=Javier Marcet <javier@marcet.info>