diff --git a/tools/lib/traceevent/event-parse.c b/tools/lib/traceevent/event-parse.c
index 27088c55af1bb..a776ed5cd2b48 100644
--- a/tools/lib/traceevent/event-parse.c
+++ b/tools/lib/traceevent/event-parse.c
@@ -2186,10 +2186,10 @@ process_fields(struct event_format *event, struct print_flag_sym **list, char **
 
 		value = arg_eval(arg);
 		if (value == NULL)
-			goto out_free;
+			goto out_free_field;
 		field->value = strdup(value);
 		if (field->value == NULL)
-			goto out_free;
+			goto out_free_field;
 
 		free_arg(arg);
 		arg = alloc_arg();
@@ -2197,14 +2197,14 @@ process_fields(struct event_format *event, struct print_flag_sym **list, char **
 		free_token(token);
 		type = process_arg(event, arg, &token);
 		if (test_type_token(type, token, EVENT_OP, "}"))
-			goto out_free;
+			goto out_free_field;
 
 		value = arg_eval(arg);
 		if (value == NULL)
-			goto out_free;
+			goto out_free_field;
 		field->str = strdup(value);
 		if (field->str == NULL)
-			goto out_free;
+			goto out_free_field;
 		free_arg(arg);
 		arg = NULL;
 
@@ -2218,6 +2218,8 @@ process_fields(struct event_format *event, struct print_flag_sym **list, char **
 	*tok = token;
 	return type;
 
+out_free_field:
+	free_flag_sym(field);
 out_free:
 	free_arg(arg);
 	free_token(token);