diff --git a/spring-web/src/main/java/org/springframework/http/observation/DefaultServerRequestObservationConvention.java b/spring-web/src/main/java/org/springframework/http/observation/DefaultServerRequestObservationConvention.java
index d011705ae11..eba0a0e8b5f 100644
--- a/spring-web/src/main/java/org/springframework/http/observation/DefaultServerRequestObservationConvention.java
+++ b/spring-web/src/main/java/org/springframework/http/observation/DefaultServerRequestObservationConvention.java
@@ -76,6 +76,10 @@ public class DefaultServerRequestObservationConvention implements ServerRequestO
 
 	@Override
 	public String getContextualName(ServerRequestObservationContext context) {
+		if (context.getPathPattern() != null) {
+			return String.format("http %s %s", context.getCarrier().getMethod().toLowerCase(),
+					context.getPathPattern());
+		}
 		return "http " + context.getCarrier().getMethod().toLowerCase();
 	}
 
diff --git a/spring-web/src/main/java/org/springframework/http/observation/reactive/DefaultServerRequestObservationConvention.java b/spring-web/src/main/java/org/springframework/http/observation/reactive/DefaultServerRequestObservationConvention.java
index 9e3244c7d4c..55170a6b23c 100644
--- a/spring-web/src/main/java/org/springframework/http/observation/reactive/DefaultServerRequestObservationConvention.java
+++ b/spring-web/src/main/java/org/springframework/http/observation/reactive/DefaultServerRequestObservationConvention.java
@@ -79,6 +79,10 @@ public class DefaultServerRequestObservationConvention implements ServerRequestO
 
 	@Override
 	public String getContextualName(ServerRequestObservationContext context) {
+		if (context.getPathPattern() != null) {
+			return String.format("http %s %s", context.getCarrier().getMethod().name().toLowerCase(),
+					context.getPathPattern().toString());
+		}
 		return "http " + context.getCarrier().getMethod().name().toLowerCase();
 	}
 
diff --git a/spring-web/src/test/java/org/springframework/http/observation/DefaultServerRequestObservationConventionTests.java b/spring-web/src/test/java/org/springframework/http/observation/DefaultServerRequestObservationConventionTests.java
index 920c54e1d4a..9f7e61eb957 100644
--- a/spring-web/src/test/java/org/springframework/http/observation/DefaultServerRequestObservationConventionTests.java
+++ b/spring-web/src/test/java/org/springframework/http/observation/DefaultServerRequestObservationConventionTests.java
@@ -50,6 +50,12 @@ class DefaultServerRequestObservationConventionTests {
 		assertThat(convention.getContextualName(this.context)).isEqualTo("http get");
 	}
 
+	@Test
+	void contextualNameShouldUsePathPatternWhenAvailable() {
+		this.context.setPathPattern("/test/{name}");
+		assertThat(convention.getContextualName(this.context)).isEqualTo("http get /test/{name}");
+	}
+
 	@Test
 	void supportsOnlyHttpRequestsObservationContext() {
 		assertThat(this.convention.supportsContext(this.context)).isTrue();
diff --git a/spring-web/src/test/java/org/springframework/http/observation/reactive/DefaultServerRequestObservationConventionTests.java b/spring-web/src/test/java/org/springframework/http/observation/reactive/DefaultServerRequestObservationConventionTests.java
index 42afdf35c5d..37b47b56235 100644
--- a/spring-web/src/test/java/org/springframework/http/observation/reactive/DefaultServerRequestObservationConventionTests.java
+++ b/spring-web/src/test/java/org/springframework/http/observation/reactive/DefaultServerRequestObservationConventionTests.java
@@ -49,6 +49,14 @@ class DefaultServerRequestObservationConventionTests {
 		assertThat(convention.getContextualName(context)).isEqualTo("http get");
 	}
 
+	@Test
+	void contextualNameShouldUsePathPatternWhenAvailable() {
+		ServerWebExchange exchange = MockServerWebExchange.from(MockServerHttpRequest.get("/test/resource"));
+		ServerRequestObservationContext context = new ServerRequestObservationContext(exchange);
+		context.setPathPattern(PathPatternParser.defaultInstance.parse("/test/{name}"));
+		assertThat(convention.getContextualName(context)).isEqualTo("http get /test/{name}");
+	}
+
 	@Test
 	void supportsOnlyHttpRequestsObservationContext() {
 		ServerWebExchange exchange = MockServerWebExchange.from(MockServerHttpRequest.post("/test/resource"));