diff --git a/devel/py-cachetools/Makefile b/devel/py-cachetools/Makefile
index f73a66ed7df3..d7363eb0eb38 100644
--- a/devel/py-cachetools/Makefile
+++ b/devel/py-cachetools/Makefile
@@ -1,19 +1,19 @@
 PORTNAME=	cachetools
-PORTVERSION=	5.2.1
+PORTVERSION=	5.3.0
 CATEGORIES=	devel python
 MASTER_SITES=	PYPI
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
 
 MAINTAINER=	sunpoet@FreeBSD.org
 COMMENT=	Extensible memoizing collections and decorators
 WWW=		https://github.com/tkem/cachetools
 
 LICENSE=	MIT
 LICENSE_FILE=	${WRKSRC}/LICENSE
 
 USES=		python:3.7+
 USE_PYTHON=	autoplist concurrent distutils
 
 NO_ARCH=	yes
 
 .include <bsd.port.mk>
diff --git a/devel/py-cachetools/distinfo b/devel/py-cachetools/distinfo
index af552ce30640..f9add9acb25f 100644
--- a/devel/py-cachetools/distinfo
+++ b/devel/py-cachetools/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1674589746
-SHA256 (cachetools-5.2.1.tar.gz) = 5991bc0e08a1319bb618d3195ca5b6bc76646a49c21d55962977197b301cc1fe
-SIZE (cachetools-5.2.1.tar.gz) = 27401
+TIMESTAMP = 1675190991
+SHA256 (cachetools-5.3.0.tar.gz) = 13dfddc7b8df938c21a940dfa6557ce6e94a2f1cdfa58eb90c805721d58f2c14
+SIZE (cachetools-5.3.0.tar.gz) = 27935