diff --git a/NEWS.md b/NEWS.md
index 91fb4bf6d3b5f..62683964eb884 100644
--- a/NEWS.md
+++ b/NEWS.md
@@ -111,6 +111,7 @@ New library features
 * `extrema` now accepts an `init` keyword argument ([#36265], [#43604]).
 * `Iterators.countfrom` now accepts any type that defines `+` ([#37747]).
 * `@time` now separates out % time spent recompiling invalidated methods ([#45015]).
+* An issue with order of operations in `fld1` is now fixed ([#28973]).
 
 Standard library changes
 ------------------------
diff --git a/base/operators.jl b/base/operators.jl
index e42699062f016..e8e31ec47cf16 100644
--- a/base/operators.jl
+++ b/base/operators.jl
@@ -855,7 +855,7 @@ julia> x == (fld1(x, y) - 1) * y + mod1(x, y)
 true
 ```
 """
-fld1(x::T, y::T) where {T<:Real} = (m = mod1(x, y); fld(x + y - m, y))
+fld1(x::T, y::T) where {T<:Real} = (m = mod1(x, y); fld((x - m) + y, y))
 function fld1(x::T, y::T) where T<:Integer
     d = div(x, y)
     return d + (!signbit(x ⊻ y) & (d * y != x))
diff --git a/test/operators.jl b/test/operators.jl
index 1c5d2d33bf0f8..432456a2a3b42 100644
--- a/test/operators.jl
+++ b/test/operators.jl
@@ -261,6 +261,9 @@ end
     end
 
     @test fldmod1(4.0, 3) == fldmod1(4, 3)
+
+    # issue 28973
+    @test fld1(0.4, 0.9) == fld1(nextfloat(0.4), 0.9) == 1.0
 end
 
 @testset "Fix12" begin