diff --git a/utils/docker-compose/Makefile b/utils/docker-compose/Makefile
index 6d0a722df7..3d12ba545f 100644
--- a/utils/docker-compose/Makefile
+++ b/utils/docker-compose/Makefile
@@ -1,14 +1,14 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=compose
-PKG_VERSION:=5.0.2
+PKG_VERSION:=5.1.4
 PKG_RELEASE:=1
 PKG_LICENSE:=Apache-2.0
 PKG_LICENSE_FILES:=LICENSE
 
 PKG_SOURCE:=$(PKG_NAME)-v$(PKG_VERSION).tar.gz
 PKG_SOURCE_URL:=https://codeload.github.com/docker/compose/tar.gz/v${PKG_VERSION}?
-PKG_HASH:=9cd91c987bfe5924c1883b7ccd82a5a052e97d0ea149d6a00b2a8c3bf3148009
+PKG_HASH:=363ce6ccca46f836648f5f4ec9ecfdb6f631daa126570cc3fc69140edeed6794
 
 PKG_MAINTAINER:=Javier Marcet <javier@marcet.info>