diff --git a/esphome/components/mdns/mdns_component.cpp b/esphome/components/mdns/mdns_component.cpp
index 631af9eba9..13f65edfc4 100644
--- a/esphome/components/mdns/mdns_component.cpp
+++ b/esphome/components/mdns/mdns_component.cpp
@@ -13,13 +13,16 @@
 namespace esphome {
 namespace mdns {
 
+static const char *const TAG = "mdns";
+
 #ifndef WEBSERVER_PORT
 #define WEBSERVER_PORT 80  // NOLINT
 #endif
 
-std::vector<MDNSService> MDNSComponent::compile_services_() {
-  std::vector<MDNSService> res;
+void MDNSComponent::compile_records_() {
+  this->hostname_ = App.get_name();
 
+  this->services_.clear();
 #ifdef USE_API
   if (api::global_api_server != nullptr) {
     MDNSService service{};
@@ -50,7 +53,7 @@ std::vector<MDNSService> MDNSComponent::compile_services_() {
     service.txt_records.push_back({"package_import_url", dashboard_import::get_package_import_url()});
 #endif
 
-    res.push_back(service);
+    this->services_.push_back(service);
   }
 #endif  // USE_API
 
@@ -60,11 +63,11 @@ std::vector<MDNSService> MDNSComponent::compile_services_() {
     service.service_type = "_prometheus-http";
     service.proto = "_tcp";
     service.port = WEBSERVER_PORT;
-    res.push_back(service);
+    this->services_.push_back(service);
   }
 #endif
 
-  if (res.empty()) {
+  if (this->services_.empty()) {
     // Publish "http" service if not using native API
     // This is just to have *some* mDNS service so that .local resolution works
     MDNSService service{};
@@ -72,11 +75,21 @@ std::vector<MDNSService> MDNSComponent::compile_services_() {
     service.proto = "_tcp";
     service.port = WEBSERVER_PORT;
     service.txt_records.push_back({"version", ESPHOME_VERSION});
-    res.push_back(service);
+    this->services_.push_back(service);
+  }
+}
+
+void MDNSComponent::dump_config() {
+  ESP_LOGCONFIG(TAG, "mDNS:");
+  ESP_LOGCONFIG(TAG, "  Hostname: %s", this->hostname_.c_str());
+  ESP_LOGV(TAG, "  Services:");
+  for (const auto &service : this->services_) {
+    ESP_LOGV(TAG, "  - %s, %s, %d", service.service_type.c_str(), service.proto.c_str(), service.port);
+    for (const auto &record : service.txt_records) {
+      ESP_LOGV(TAG, "    TXT: %s = %s", record.key.c_str(), record.value.c_str());
+    }
   }
-  return res;
 }
-std::string MDNSComponent::compile_hostname_() { return App.get_name(); }
 
 }  // namespace mdns
 }  // namespace esphome
diff --git a/esphome/components/mdns/mdns_component.h b/esphome/components/mdns/mdns_component.h
index 679fb1a768..45614d509a 100644
--- a/esphome/components/mdns/mdns_component.h
+++ b/esphome/components/mdns/mdns_component.h
@@ -26,6 +26,7 @@ struct MDNSService {
 class MDNSComponent : public Component {
  public:
   void setup() override;
+  void dump_config() override;
 
 #if defined(USE_ESP8266) && defined(USE_ARDUINO)
   void loop() override;
@@ -33,8 +34,9 @@ class MDNSComponent : public Component {
   float get_setup_priority() const override { return setup_priority::AFTER_WIFI; }
 
  protected:
-  std::vector<MDNSService> compile_services_();
-  std::string compile_hostname_();
+  std::vector<MDNSService> services_{};
+  std::string hostname_;
+  void compile_records_();
 };
 
 }  // namespace mdns
diff --git a/esphome/components/mdns/mdns_esp32_arduino.cpp b/esphome/components/mdns/mdns_esp32_arduino.cpp
index 4d13b7321a..6a66beef92 100644
--- a/esphome/components/mdns/mdns_esp32_arduino.cpp
+++ b/esphome/components/mdns/mdns_esp32_arduino.cpp
@@ -7,13 +7,12 @@
 namespace esphome {
 namespace mdns {
 
-static const char *const TAG = "mdns";
-
 void MDNSComponent::setup() {
-  MDNS.begin(compile_hostname_().c_str());
+  this->compile_records_();
 
-  auto services = compile_services_();
-  for (const auto &service : services) {
+  MDNS.begin(this->hostname_.c_str());
+
+  for (const auto &service : this->services_) {
     MDNS.addService(service.service_type.c_str(), service.proto.c_str(), service.port);
     for (const auto &record : service.txt_records) {
       MDNS.addServiceTxt(service.service_type.c_str(), service.proto.c_str(), record.key.c_str(), record.value.c_str());
diff --git a/esphome/components/mdns/mdns_esp8266.cpp b/esphome/components/mdns/mdns_esp8266.cpp
index 1a73e4b5b3..ff305f907a 100644
--- a/esphome/components/mdns/mdns_esp8266.cpp
+++ b/esphome/components/mdns/mdns_esp8266.cpp
@@ -9,14 +9,13 @@
 namespace esphome {
 namespace mdns {
 
-static const char *const TAG = "mdns";
-
 void MDNSComponent::setup() {
-  network::IPAddress addr = network::get_ip_address();
-  MDNS.begin(compile_hostname_().c_str(), (uint32_t) addr);
+  this->compile_records_();
 
-  auto services = compile_services_();
-  for (const auto &service : services) {
+  network::IPAddress addr = network::get_ip_address();
+  MDNS.begin(this->hostname_.c_str(), (uint32_t) addr);
+
+  for (const auto &service : this->services_) {
     // Strip the leading underscore from the proto and service_type. While it is
     // part of the wire protocol to have an underscore, and for example ESP-IDF
     // expects the underscore to be there, the ESP8266 implementation always adds
diff --git a/esphome/components/mdns/mdns_esp_idf.cpp b/esphome/components/mdns/mdns_esp_idf.cpp
index 17874f1ffe..40d9f1d5f3 100644
--- a/esphome/components/mdns/mdns_esp_idf.cpp
+++ b/esphome/components/mdns/mdns_esp_idf.cpp
@@ -11,18 +11,19 @@ namespace mdns {
 static const char *const TAG = "mdns";
 
 void MDNSComponent::setup() {
+  this->compile_records_();
+
   esp_err_t err = mdns_init();
   if (err != ESP_OK) {
-    ESP_LOGW(TAG, "MDNS init failed: %s", esp_err_to_name(err));
+    ESP_LOGW(TAG, "mDNS init failed: %s", esp_err_to_name(err));
     this->mark_failed();
     return;
   }
 
-  mdns_hostname_set(compile_hostname_().c_str());
-  mdns_instance_name_set(compile_hostname_().c_str());
+  mdns_hostname_set(this->hostname_.c_str());
+  mdns_instance_name_set(this->hostname_.c_str());
 
-  auto services = compile_services_();
-  for (const auto &service : services) {
+  for (const auto &service : this->services_) {
     std::vector<mdns_txt_item_t> txt_records;
     for (const auto &record : service.txt_records) {
       mdns_txt_item_t it{};