diff --git a/Marlin/src/gcode/feature/filwidth/M404-M407.cpp b/Marlin/src/gcode/feature/filwidth/M404-M407.cpp
index 4a811056e..e707e134a 100644
--- a/Marlin/src/gcode/feature/filwidth/M404-M407.cpp
+++ b/Marlin/src/gcode/feature/filwidth/M404-M407.cpp
@@ -36,6 +36,7 @@
 void GcodeSuite::M404() {
   if (parser.seen('W')) {
     filament_width_nominal = parser.value_linear_units();
+    planner.volumetric_area_nominal = CIRCLE_AREA(filament_width_nominal * 0.5);
   }
   else {
     SERIAL_PROTOCOLPGM("Filament dia (nominal mm):");
diff --git a/Marlin/src/lcd/ultralcd_impl_DOGM.h b/Marlin/src/lcd/ultralcd_impl_DOGM.h
index 4a4703495..6ecb4b403 100644
--- a/Marlin/src/lcd/ultralcd_impl_DOGM.h
+++ b/Marlin/src/lcd/ultralcd_impl_DOGM.h
@@ -655,12 +655,9 @@ static void lcd_implementation_status_screen() {
     #if ENABLED(FILAMENT_LCD_DISPLAY)
       strcpy(wstring, ftostr12ns(filament_width_meas));
       if (parser.volumetric_enabled)
-        strcpy(mstring, itostr3(100.0 * filament_width_meas / filament_width_nominal));
+        strcpy(mstring, itostr3(100.0 * planner.volumetric_area_nominal / planner.volumetric_multiplier[FILAMENT_SENSOR_EXTRUDER_NUM]));
       else
         strcpy_P(mstring, PSTR("---"));
-      // Alternatively, show the ratio between cross-sectional areas:
-      //strcpy(mstring, itostr3(100.0 / CIRCLE_AREA(filament_width_nominal * 0.5)
-      //                              / planner.volumetric_multiplier[FILAMENT_SENSOR_EXTRUDER_NUM]));
     #endif
   }
 
diff --git a/Marlin/src/lcd/ultralcd_impl_HD44780.h b/Marlin/src/lcd/ultralcd_impl_HD44780.h
index b7fa51276..fb7dfa2d3 100644
--- a/Marlin/src/lcd/ultralcd_impl_HD44780.h
+++ b/Marlin/src/lcd/ultralcd_impl_HD44780.h
@@ -861,7 +861,7 @@ static void lcd_implementation_status_screen() {
       lcd.print(ftostr12ns(filament_width_meas));
       lcd_printPGM(PSTR(" V"));
       if (parser.volumetric_enabled) {
-        lcd.print(itostr3(100.0 * filament_width_meas / filament_width_nominal));
+        lcd.print(itostr3(100.0 * planner.volumetric_area_nominal / planner.volumetric_multiplier[FILAMENT_SENSOR_EXTRUDER_NUM]));
         lcd.write('%');
       }
       else
diff --git a/Marlin/src/module/planner.cpp b/Marlin/src/module/planner.cpp
index 30c9315bf..e88935e5e 100644
--- a/Marlin/src/module/planner.cpp
+++ b/Marlin/src/module/planner.cpp
@@ -108,6 +108,7 @@ int16_t Planner::flow_percentage[EXTRUDERS] = ARRAY_BY_EXTRUDERS1(100); // Extru
 // Initialized by settings.load()
 float Planner::e_factor[EXTRUDERS],              // The flow percentage and volumetric multiplier combine to scale E movement
       Planner::filament_size[EXTRUDERS],         // As a baseline for the multiplier, filament diameter
+      Planner::volumetric_area_nominal = CIRCLE_AREA((DEFAULT_NOMINAL_FILAMENT_DIA) * 0.5), // Nominal cross-sectional area
       Planner::volumetric_multiplier[EXTRUDERS]; // May be auto-adjusted by a filament width sensor
 
 uint32_t Planner::max_acceleration_steps_per_s2[XYZE_N],
diff --git a/Marlin/src/module/planner.h b/Marlin/src/module/planner.h
index 2a238ec3b..1e7092128 100644
--- a/Marlin/src/module/planner.h
+++ b/Marlin/src/module/planner.h
@@ -148,6 +148,7 @@ class Planner {
 
     static float e_factor[EXTRUDERS],               // The flow percentage and volumetric multiplier combine to scale E movement
                  filament_size[EXTRUDERS],          // diameter of filament (in millimeters), typically around 1.75 or 2.85, 0 disables the volumetric calculations for the extruder
+                 volumetric_area_nominal,           // Nominal cross-sectional area
                  volumetric_multiplier[EXTRUDERS];  // Reciprocal of cross-sectional area of filament (in mm^2). Pre-calculated to reduce computation in the planner
                                                     // May be auto-adjusted by a filament width sensor