diff --git a/homeassistant/helpers/template.py b/homeassistant/helpers/template.py
index e3267d2933b..9079d6af300 100644
--- a/homeassistant/helpers/template.py
+++ b/homeassistant/helpers/template.py
@@ -2024,6 +2024,29 @@ def apply(value, fn, *args, **kwargs):
     return fn(value, *args, **kwargs)
 
 
+def as_function(macro: jinja2.runtime.Macro) -> Callable[..., Any]:
+    """Turn a macro with a 'returns' keyword argument into a function that returns what that argument is called with."""
+
+    def wrapper(value, *args, **kwargs):
+        return_value = None
+
+        def returns(value):
+            nonlocal return_value
+            return_value = value
+            return value
+
+        # Call the callable with the value and other args
+        macro(value, *args, **kwargs, returns=returns)
+        return return_value
+
+    # Remove "macro_" from the macro's name to avoid confusion in the wrapper's name
+    trimmed_name = macro.name.removeprefix("macro_")
+
+    wrapper.__name__ = trimmed_name
+    wrapper.__qualname__ = trimmed_name
+    return wrapper
+
+
 def logarithm(value, base=math.e, default=_SENTINEL):
     """Filter and function to get logarithm of the value with a specific base."""
     try:
@@ -3069,9 +3092,11 @@ class TemplateEnvironment(ImmutableSandboxedEnvironment):
             str | jinja2.nodes.Template, CodeType | None
         ] = weakref.WeakValueDictionary()
         self.add_extension("jinja2.ext.loopcontrols")
+        self.add_extension("jinja2.ext.do")
 
         self.globals["acos"] = arc_cosine
         self.globals["as_datetime"] = as_datetime
+        self.globals["as_function"] = as_function
         self.globals["as_local"] = dt_util.as_local
         self.globals["as_timedelta"] = as_timedelta
         self.globals["as_timestamp"] = forgiving_as_timestamp
@@ -3124,6 +3149,7 @@ class TemplateEnvironment(ImmutableSandboxedEnvironment):
         self.filters["add"] = add
         self.filters["apply"] = apply
         self.filters["as_datetime"] = as_datetime
+        self.filters["as_function"] = as_function
         self.filters["as_local"] = dt_util.as_local
         self.filters["as_timedelta"] = as_timedelta
         self.filters["as_timestamp"] = forgiving_as_timestamp
diff --git a/tests/helpers/test_template.py b/tests/helpers/test_template.py
index 8d2f8c7cc60..8e6e7643df3 100644
--- a/tests/helpers/test_template.py
+++ b/tests/helpers/test_template.py
@@ -828,6 +828,23 @@ def test_apply_macro_with_arguments(hass: HomeAssistant) -> None:
     ).async_render() == ["Hey, Alice!", "Hey, Bob!"]
 
 
+def test_as_function(hass: HomeAssistant) -> None:
+    """Test as_function."""
+    assert (
+        template.Template(
+            """
+            {%- macro macro_double(num, returns) -%}
+            {%- do returns(num * 2) -%}
+            {%- endmacro -%}
+            {%- set double = macro_double | as_function -%}
+            {{ double(5) }}
+            """,
+            hass,
+        ).async_render()
+        == 10
+    )
+
+
 def test_logarithm(hass: HomeAssistant) -> None:
     """Test logarithm."""
     tests = [