diff --git a/modules_dart/transform/lib/src/transform/common/logging.dart b/modules_dart/transform/lib/src/transform/common/logging.dart
index 976af4f6b7..b4e681642a 100644
--- a/modules_dart/transform/lib/src/transform/common/logging.dart
+++ b/modules_dart/transform/lib/src/transform/common/logging.dart
@@ -22,13 +22,31 @@ Future logElapsedAsync(Future asyncOperation(),
   final timer = new Stopwatch()..start();
   final result = await asyncOperation();
   timer.stop();
+  _logElapsed(timer, operationName, assetId);
+  return result;
+}
+
+/// Writes a log entry at `LogLevel.FINE` granularity with the time taken by
+/// `operation`.
+///
+/// Returns the result of executing `operation`.
+dynamic logElapsedSync(dynamic operation(),
+    {String operationName: 'unknown', AssetId assetId}) {
+  final timer = new Stopwatch()..start();
+  final result = operation();
+  timer.stop();
+  _logElapsed(timer, operationName, assetId);
+  return result;
+}
+
+/// Logs the time since `timer` was started.
+void _logElapsed(Stopwatch timer, String operationName, AssetId assetId) {
   final buf =
       new StringBuffer('[$operationName] took ${timer.elapsedMilliseconds} ms');
   if (assetId != null) {
     buf.write(' on $assetId');
   }
   log.fine(buf.toString(), asset: assetId);
-  return result;
 }
 
 /// Prints logged messages to the console.
diff --git a/modules_dart/transform/lib/src/transform/template_compiler/generator.dart b/modules_dart/transform/lib/src/transform/template_compiler/generator.dart
index 89029e8f9d..dc680d907e 100644
--- a/modules_dart/transform/lib/src/transform/template_compiler/generator.dart
+++ b/modules_dart/transform/lib/src/transform/template_compiler/generator.dart
@@ -69,7 +69,9 @@ Future<Outputs> processTemplates(AssetReader reader, AssetId assetId,
 
   var savedReflectionCapabilities = reflector.reflectionCapabilities;
   reflector.reflectionCapabilities = const NullReflectionCapabilities();
-  final compiledTemplates = await logElapsedAsync(() async {
+  // Since we need global state to remain consistent here, make sure not to do
+  // any asynchronous operations here.
+  final compiledTemplates = logElapsedSync(() {
     return templateCompiler.compileTemplatesCodeGen(compileData);
   }, operationName: 'compileTemplatesCodegen', assetId: assetId);
   reflector.reflectionCapabilities = savedReflectionCapabilities;