diff --git a/gold/target-reloc.h b/gold/target-reloc.h
index 09f5076d85..2823c1796c 100644
--- a/gold/target-reloc.h
+++ b/gold/target-reloc.h
@@ -375,7 +375,7 @@ relocate_for_relocatable(
     off_t offset_in_output_section,
     const Relocatable_relocs* rr,
     unsigned char* view,
-    typename elfcpp::Elf_types<size>::Elf_Addr,
+    typename elfcpp::Elf_types<size>::Elf_Addr view_address,
     section_size_type,
     unsigned char* reloc_view,
     section_size_type reloc_view_size)
@@ -466,6 +466,12 @@ relocate_for_relocatable(
 	  gold_assert(new_offset != -1);
 	}
 
+      // In an object file, r_offset is an offset within the section.
+      // In an executable or dynamic object, generated by
+      // --emit-relocs, r_offset is an absolute address.
+      if (!parameters->options().relocatable())
+	new_offset += view_address;
+
       reloc_write.put_r_offset(new_offset);
       reloc_write.put_r_info(elfcpp::elf_r_info<size>(new_symndx, r_type));