diff --git a/app/display/linearmeter/src/main/java/org/csstudio/display/extra/widgets/linearmeter/LinearMeterRepresentation.java b/app/display/linearmeter/src/main/java/org/csstudio/display/extra/widgets/linearmeter/LinearMeterRepresentation.java
index 196ead3438..fb1ec2fc65 100644
--- a/app/display/linearmeter/src/main/java/org/csstudio/display/extra/widgets/linearmeter/LinearMeterRepresentation.java
+++ b/app/display/linearmeter/src/main/java/org/csstudio/display/extra/widgets/linearmeter/LinearMeterRepresentation.java
@@ -14,7 +14,9 @@
 import org.csstudio.display.builder.model.properties.WidgetColor;
 import org.csstudio.display.builder.representation.javafx.JFXUtil;
 import org.csstudio.display.builder.representation.javafx.widgets.RegionBaseRepresentation;
+import org.csstudio.display.builder.representation.javafx.widgets.TooltipSupport;
 import org.epics.util.stats.Range;
+import org.phoebus.ui.vtype.FormatOptionHandler;
 
 import javafx.scene.layout.Pane;
 import org.epics.vtype.Display;
@@ -96,6 +98,17 @@ private <T> void addUntypedWidgetPropertyListener(WidgetProperty<T> widgetProper
         widgetPropertiesWithWidgetPropertyListeners.push(new Pair(widgetProperty, widgetPropertyListener));
     }
 
+    @Override
+    protected void attachTooltip()
+    {
+        // Use formatted value for "$(pv_value)" instead of the default VType.toString()
+        TooltipSupport.attach(jfx_node, model_widget.propTooltip(), () ->
+            FormatOptionHandler.format(model_widget.runtimePropValue().getValue(),
+                                       model_widget.propFormat().getValue(),
+                                       model_widget.propPrecision().getValue(),
+                                       model_widget.propShowUnits().getValue()));
+    }
+
     @Override
     protected void registerListeners()
     {
diff --git a/app/display/linearmeter/src/main/java/org/csstudio/display/extra/widgets/linearmeter/LinearMeterWidget.java b/app/display/linearmeter/src/main/java/org/csstudio/display/extra/widgets/linearmeter/LinearMeterWidget.java
index 41a01e16dc..f0b073585e 100644
--- a/app/display/linearmeter/src/main/java/org/csstudio/display/extra/widgets/linearmeter/LinearMeterWidget.java
+++ b/app/display/linearmeter/src/main/java/org/csstudio/display/extra/widgets/linearmeter/LinearMeterWidget.java
@@ -217,6 +217,7 @@ public EnumWidgetProperty<RTLinearMeter.DisplayMode> createProperty(Widget widge
     private WidgetProperty<WidgetColor> background;
     private WidgetProperty<WidgetFont> font;
     private WidgetProperty<FormatOption> format;
+    private WidgetProperty<Integer> precision;
     private WidgetProperty<Boolean> show_units;
     private WidgetProperty<Boolean> show_limits;
     private WidgetProperty<Boolean> show_warnings;
@@ -260,6 +261,7 @@ protected void defineProperties(List<WidgetProperty<?>> properties) {
         properties.add(logScale = propLogScale.createProperty(this, false));
         properties.add(font = propFont.createProperty(this, WidgetFontService.get(NamedWidgetFonts.DEFAULT)));
         properties.add(format = propFormat.createProperty(this, FormatOption.DEFAULT));
+        properties.add(precision = propPrecision.createProperty(this, -1));
         properties.add(show_units = propShowUnits.createProperty(this, true));
         properties.add(scale_visible = propScaleVisible.createProperty(this, true));
         properties.add(show_limits = propShowLimits.createProperty(this, true));
@@ -325,6 +327,13 @@ public WidgetProperty<FormatOption> propFormat() {
         return format;
     }
 
+    /**
+     * @return 'precision' property
+     */
+    public WidgetProperty<Integer> propPrecision() {
+        return precision;
+    }
+
     /**
      * @return 'show_units' property
      */