diff --git a/esphome/components/ethernet/ethernet_component.cpp b/esphome/components/ethernet/ethernet_component.cpp
index 16f5903e3f..28043dd969 100644
--- a/esphome/components/ethernet/ethernet_component.cpp
+++ b/esphome/components/ethernet/ethernet_component.cpp
@@ -41,17 +41,20 @@ static const char *const TAG = "ethernet";
 
 EthernetComponent *global_eth_component;  // NOLINT(cppcoreguidelines-avoid-non-const-global-variables)
 
+void EthernetComponent::log_error_and_mark_failed_(esp_err_t err, const char *message) {
+  ESP_LOGE(TAG, "%s: (%d) %s", message, err, esp_err_to_name(err));
+  this->mark_failed();
+}
+
 #define ESPHL_ERROR_CHECK(err, message) \
   if ((err) != ESP_OK) { \
-    ESP_LOGE(TAG, message ": (%d) %s", err, esp_err_to_name(err)); \
-    this->mark_failed(); \
+    this->log_error_and_mark_failed_(err, message); \
     return; \
   }
 
 #define ESPHL_ERROR_CHECK_RET(err, message, ret) \
   if ((err) != ESP_OK) { \
-    ESP_LOGE(TAG, message ": (%d) %s", err, esp_err_to_name(err)); \
-    this->mark_failed(); \
+    this->log_error_and_mark_failed_(err, message); \
     return ret; \
   }
 
diff --git a/esphome/components/ethernet/ethernet_component.h b/esphome/components/ethernet/ethernet_component.h
index 9a0da12241..c7cb0abb4c 100644
--- a/esphome/components/ethernet/ethernet_component.h
+++ b/esphome/components/ethernet/ethernet_component.h
@@ -106,6 +106,7 @@ class EthernetComponent : public Component {
   void start_connect_();
   void finish_connect_();
   void dump_connect_params_();
+  void log_error_and_mark_failed_(esp_err_t err, const char *message);
 #ifdef USE_ETHERNET_KSZ8081
   /// @brief Set `RMII Reference Clock Select` bit for KSZ8081.
   void ksz8081_set_clock_reference_(esp_eth_mac_t *mac);