diff --git a/CODEOWNERS b/CODEOWNERS
index 08ce43b94c..9e4202f2d4 100644
--- a/CODEOWNERS
+++ b/CODEOWNERS
@@ -150,6 +150,7 @@ esphome/components/esp32_improv/* @jesserockz
 esphome/components/esp32_rmt/* @jesserockz
 esphome/components/esp32_rmt_led_strip/* @jesserockz
 esphome/components/esp8266/* @esphome/core
+esphome/components/esp_ldo/* @clydebarrow
 esphome/components/ethernet_info/* @gtjadsonsantos
 esphome/components/event/* @nohat
 esphome/components/event_emitter/* @Rapsssito
diff --git a/esphome/components/esp_ldo/__init__.py b/esphome/components/esp_ldo/__init__.py
new file mode 100644
index 0000000000..ce24028083
--- /dev/null
+++ b/esphome/components/esp_ldo/__init__.py
@@ -0,0 +1,91 @@
+from esphome.automation import Action, register_action
+import esphome.codegen as cg
+from esphome.components.esp32 import VARIANT_ESP32P4, only_on_variant
+import esphome.config_validation as cv
+from esphome.const import CONF_CHANNEL, CONF_ID, CONF_VOLTAGE
+from esphome.final_validate import full_config
+
+CODEOWNERS = ["@clydebarrow"]
+
+DOMAIN = "esp_ldo"
+
+esp_ldo_ns = cg.esphome_ns.namespace("esp_ldo")
+EspLdo = esp_ldo_ns.class_("EspLdo", cg.Component)
+AdjustAction = esp_ldo_ns.class_("AdjustAction", Action)
+
+CHANNELS = (3, 4)
+CONF_ADJUSTABLE = "adjustable"
+
+adjusted_ids = set()
+
+CONFIG_SCHEMA = cv.All(
+    cv.ensure_list(
+        {
+            cv.GenerateID(): cv.declare_id(EspLdo),
+            cv.Required(CONF_VOLTAGE): cv.All(
+                cv.voltage, cv.float_range(min=0.5, max=2.7)
+            ),
+            cv.Required(CONF_CHANNEL): cv.one_of(*CHANNELS, int=True),
+            cv.Optional(CONF_ADJUSTABLE, default=False): cv.boolean,
+        }
+    ),
+    cv.only_with_esp_idf,
+    only_on_variant(supported=[VARIANT_ESP32P4]),
+)
+
+
+async def to_code(configs):
+    for config in configs:
+        var = cg.new_Pvariable(config[CONF_ID], config[CONF_CHANNEL])
+        await cg.register_component(var, config)
+        cg.add(var.set_voltage(config[CONF_VOLTAGE]))
+        cg.add(var.set_adjustable(config[CONF_ADJUSTABLE]))
+
+
+def final_validate(configs):
+    for channel in CHANNELS:
+        used = [config for config in configs if config[CONF_CHANNEL] == channel]
+        if len(used) > 1:
+            raise cv.Invalid(
+                f"Multiple LDOs configured for channel {channel}. Each channel must be unique.",
+                path=[CONF_CHANNEL, channel],
+            )
+
+    global_config = full_config.get()
+    for w in adjusted_ids:
+        path = global_config.get_path_for_id(w)
+        ldo_conf = global_config.get_config_for_path(path[:-1])
+        if not ldo_conf[CONF_ADJUSTABLE]:
+            raise cv.Invalid(
+                "A non adjustable LDO may not be adjusted.",
+                path,
+            )
+
+
+FINAL_VALIDATE_SCHEMA = final_validate
+
+
+def adjusted_ldo_id(value):
+    value = cv.use_id(EspLdo)(value)
+    adjusted_ids.add(value)
+    return value
+
+
+@register_action(
+    "esp_ldo.voltage.adjust",
+    AdjustAction,
+    cv.Schema(
+        {
+            cv.GenerateID(CONF_ID): adjusted_ldo_id,
+            cv.Required(CONF_VOLTAGE): cv.templatable(
+                cv.All(cv.voltage, cv.float_range(min=0.5, max=2.7))
+            ),
+        }
+    ),
+)
+async def ldo_voltage_adjust_to_code(config, action_id, template_arg, args):
+    parent = await cg.get_variable(config[CONF_ID])
+    var = cg.new_Pvariable(action_id, template_arg, parent)
+    template_ = await cg.templatable(config[CONF_VOLTAGE], args, cg.float_)
+    cg.add(var.set_voltage(template_))
+    return var
diff --git a/esphome/components/esp_ldo/esp_ldo.cpp b/esphome/components/esp_ldo/esp_ldo.cpp
new file mode 100644
index 0000000000..eb04670d7e
--- /dev/null
+++ b/esphome/components/esp_ldo/esp_ldo.cpp
@@ -0,0 +1,43 @@
+#ifdef USE_ESP32_VARIANT_ESP32P4
+#include "esp_ldo.h"
+#include "esphome/core/log.h"
+#include "esphome/core/helpers.h"
+
+namespace esphome {
+namespace esp_ldo {
+
+static const char *const TAG = "esp_ldo";
+void EspLdo::setup() {
+  esp_ldo_channel_config_t config{};
+  config.chan_id = this->channel_;
+  config.voltage_mv = (int) (this->voltage_ * 1000.0f);
+  config.flags.adjustable = this->adjustable_;
+  auto err = esp_ldo_acquire_channel(&config, &this->handle_);
+  if (err != ESP_OK) {
+    auto msg = str_sprintf("Failed to acquire LDO channel %d with voltage %fV", this->channel_, this->voltage_);
+    this->mark_failed(msg.c_str());
+  } else {
+    ESP_LOGD(TAG, "Acquired LDO channel %d with voltage %fV", this->channel_, this->voltage_);
+  }
+}
+void EspLdo::dump_config() {
+  ESP_LOGCONFIG(TAG, "ESP LDO Channel %d:", this->channel_);
+  ESP_LOGCONFIG(TAG, "  Voltage: %fV", this->voltage_);
+  ESP_LOGCONFIG(TAG, "  Adjustable: %s", YESNO(this->adjustable_));
+}
+
+void EspLdo::adjust_voltage(float voltage) {
+  if (!std::isfinite(voltage) || voltage < 0.5f || voltage > 2.7f) {
+    ESP_LOGE(TAG, "Invalid voltage %fV for LDO channel %d", voltage, this->channel_);
+    return;
+  }
+  auto erro = esp_ldo_channel_adjust_voltage(this->handle_, (int) (voltage * 1000.0f));
+  if (erro != ESP_OK) {
+    ESP_LOGE(TAG, "Failed to adjust LDO channel %d to voltage %fV: %s", this->channel_, voltage, esp_err_to_name(erro));
+  }
+}
+
+}  // namespace esp_ldo
+}  // namespace esphome
+
+#endif  // USE_ESP32_VARIANT_ESP32P4
diff --git a/esphome/components/esp_ldo/esp_ldo.h b/esphome/components/esp_ldo/esp_ldo.h
new file mode 100644
index 0000000000..fb5abf7a3a
--- /dev/null
+++ b/esphome/components/esp_ldo/esp_ldo.h
@@ -0,0 +1,43 @@
+#pragma once
+#ifdef USE_ESP32_VARIANT_ESP32P4
+#include "esphome/core/component.h"
+#include "esphome/core/automation.h"
+#include "esp_ldo_regulator.h"
+
+namespace esphome {
+namespace esp_ldo {
+
+class EspLdo : public Component {
+ public:
+  EspLdo(int channel) : channel_(channel) {}
+
+  void setup() override;
+  void dump_config() override;
+
+  void set_adjustable(bool adjustable) { this->adjustable_ = adjustable; }
+  void set_voltage(float voltage) { this->voltage_ = voltage; }
+  void adjust_voltage(float voltage);
+
+ protected:
+  int channel_;
+  float voltage_{2.7};
+  bool adjustable_{false};
+  esp_ldo_channel_handle_t handle_{};
+};
+
+template<typename... Ts> class AdjustAction : public Action<Ts...> {
+ public:
+  explicit AdjustAction(EspLdo *ldo) : ldo_(ldo) {}
+
+  TEMPLATABLE_VALUE(float, voltage)
+
+  void play(Ts... x) override { this->ldo_->adjust_voltage(this->voltage_.value(x...)); }
+
+ protected:
+  EspLdo *ldo_;
+};
+
+}  // namespace esp_ldo
+}  // namespace esphome
+
+#endif  // USE_ESP32_VARIANT_ESP32P4
diff --git a/tests/components/esp_ldo/test.esp32-p4-idf.yaml b/tests/components/esp_ldo/test.esp32-p4-idf.yaml
new file mode 100644
index 0000000000..0e91aaf082
--- /dev/null
+++ b/tests/components/esp_ldo/test.esp32-p4-idf.yaml
@@ -0,0 +1,15 @@
+esp_ldo:
+  - id: ldo_id
+    channel: 3
+    voltage: 2.5V
+    adjustable: true
+  - id: ldo_4
+    channel: 4
+    voltage: 2.0V
+
+esphome:
+  on_boot:
+    then:
+      - esp_ldo.voltage.adjust:
+          id: ldo_id
+          voltage: !lambda return 2.5;