diff --git a/Makefile b/Makefile
index d1feab008f..ebef4da50c 100644
--- a/Makefile
+++ b/Makefile
@@ -465,6 +465,9 @@ all::
 # the global variable _wpgmptr containing the absolute path of the current
 # executable (this is the case on Windows).
 #
+# INSTALL_STRIP can be set to "-s" to strip binaries during installation,
+# if your $(INSTALL) command supports the option.
+#
 # Define GENERATE_COMPILATION_DATABASE to "yes" to generate JSON compilation
 # database entries during compilation if your compiler supports it, using the
 # `-MJ` flag. The JSON entries will be placed in the `compile_commands/`
@@ -3004,7 +3007,8 @@ mergetools_instdir = $(prefix)/$(mergetoolsdir)
 endif
 mergetools_instdir_SQ = $(subst ','\'',$(mergetools_instdir))
 
-install_bindir_programs := $(patsubst %,%$X,$(BINDIR_PROGRAMS_NEED_X)) $(BINDIR_PROGRAMS_NO_X)
+install_bindir_xprograms := $(patsubst %,%$X,$(BINDIR_PROGRAMS_NEED_X))
+install_bindir_programs := $(install_bindir_xprograms) $(BINDIR_PROGRAMS_NO_X)
 
 .PHONY: profile-install profile-fast-install
 profile-install: profile
@@ -3013,12 +3017,17 @@ profile-install: profile
 profile-fast-install: profile-fast
 	$(MAKE) install
 
+INSTALL_STRIP =
+
 install: all
 	$(INSTALL) -d -m 755 '$(DESTDIR_SQ)$(bindir_SQ)'
 	$(INSTALL) -d -m 755 '$(DESTDIR_SQ)$(gitexec_instdir_SQ)'
-	$(INSTALL) $(ALL_PROGRAMS) '$(DESTDIR_SQ)$(gitexec_instdir_SQ)'
+	$(INSTALL) $(INSTALL_STRIP) $(PROGRAMS) '$(DESTDIR_SQ)$(gitexec_instdir_SQ)'
+	$(INSTALL) $(SCRIPTS) '$(DESTDIR_SQ)$(gitexec_instdir_SQ)'
 	$(INSTALL) -m 644 $(SCRIPT_LIB) '$(DESTDIR_SQ)$(gitexec_instdir_SQ)'
-	$(INSTALL) $(install_bindir_programs) '$(DESTDIR_SQ)$(bindir_SQ)'
+	$(INSTALL) $(INSTALL_STRIP) $(install_bindir_xprograms) '$(DESTDIR_SQ)$(bindir_SQ)'
+	$(INSTALL) $(BINDIR_PROGRAMS_NO_X) '$(DESTDIR_SQ)$(bindir_SQ)'
+
 ifdef MSVC
 	# We DO NOT install the individual foo.o.pdb files because they
 	# have already been rolled up into the exe's pdb file.