diff --git a/drivers/pwm/pwm_nrfx.c b/drivers/pwm/pwm_nrfx.c
index 9ceb2f53302..420a9078c59 100644
--- a/drivers/pwm/pwm_nrfx.c
+++ b/drivers/pwm/pwm_nrfx.c
@@ -257,19 +257,12 @@ static const struct pwm_driver_api pwm_nrfx_drv_api_funcs = {
 	.get_cycles_per_sec = pwm_nrfx_get_cycles_per_sec,
 };
 
-static int pwm_nrfx_init(const struct device *dev)
+static void pwm_resume(const struct device *dev)
 {
 	const struct pwm_nrfx_config *config = dev->config;
 	uint8_t initially_inverted = 0;
-	nrfx_err_t result;
-
-	int ret = pinctrl_apply_state(config->pcfg, PINCTRL_STATE_DEFAULT);
-
-	ANOMALY_109_EGU_IRQ_CONNECT(NRFX_PWM_NRF52_ANOMALY_109_EGU_INSTANCE);
 
-	if (ret < 0) {
-		return ret;
-	}
+	(void)pinctrl_apply_state(config->pcfg, PINCTRL_STATE_DEFAULT);
 
 	for (size_t i = 0; i < NRF_PWM_CHANNEL_COUNT; i++) {
 		uint32_t psel;
@@ -289,61 +282,53 @@ static int pwm_nrfx_init(const struct device *dev)
 
 		seq_values_ptr_get(dev)[i] = PWM_NRFX_CH_VALUE(0, inverted);
 	}
-
-	result = nrfx_pwm_init(&config->pwm, &config->initial_config, pwm_handler, dev->data);
-	if (result != NRFX_SUCCESS) {
-		LOG_ERR("Failed to initialize device: %s", dev->name);
-		return -EBUSY;
-	}
-
-	return 0;
 }
 
-#ifdef CONFIG_PM_DEVICE
-static void pwm_nrfx_uninit(const struct device *dev)
+static void pwm_suspend(const struct device *dev)
 {
 	const struct pwm_nrfx_config *config = dev->config;
 
-	nrfx_pwm_uninit(&config->pwm);
+	nrfx_pwm_stop(&config->pwm, false);
+	while (!nrfx_pwm_stopped_check(&config->pwm)) {
+	}
 
 	memset(dev->data, 0, sizeof(struct pwm_nrfx_data));
+	(void)pinctrl_apply_state(config->pcfg, PINCTRL_STATE_SLEEP);
 }
 
 static int pwm_nrfx_pm_action(const struct device *dev,
 			      enum pm_device_action action)
 {
-	const struct pwm_nrfx_config *config = dev->config;
-	int ret = 0;
+	if (action == PM_DEVICE_ACTION_RESUME) {
+		pwm_resume(dev);
+	} else if (IS_ENABLED(CONFIG_PM_DEVICE) && (action == PM_DEVICE_ACTION_SUSPEND)) {
+		pwm_suspend(dev);
+	} else {
+		return -ENOTSUP;
+	}
 
-	switch (action) {
-	case PM_DEVICE_ACTION_RESUME:
-		ret = pinctrl_apply_state(config->pcfg, PINCTRL_STATE_DEFAULT);
-		if (ret < 0) {
-			return ret;
-		}
-		ret = pwm_nrfx_init(dev);
-		break;
+	return 0;
+}
 
-	case PM_DEVICE_ACTION_SUSPEND:
-		pwm_nrfx_uninit(dev);
+static int pwm_nrfx_init(const struct device *dev)
+{
+	const struct pwm_nrfx_config *config = dev->config;
+	nrfx_err_t err;
 
-		ret = pinctrl_apply_state(config->pcfg, PINCTRL_STATE_SLEEP);
-		if (ret < 0) {
-			return ret;
-		}
-		break;
+	ANOMALY_109_EGU_IRQ_CONNECT(NRFX_PWM_NRF52_ANOMALY_109_EGU_INSTANCE);
 
-	default:
-		return -ENOTSUP;
+	if (IS_ENABLED(CONFIG_PM_DEVICE_RUNTIME)) {
+		(void)pinctrl_apply_state(config->pcfg, PINCTRL_STATE_SLEEP);
 	}
 
-	return ret;
-}
-#else
-
-#define pwm_nrfx_pm_action NULL
+	err = nrfx_pwm_init(&config->pwm, &config->initial_config, pwm_handler, dev->data);
+	if (err != NRFX_SUCCESS) {
+		LOG_ERR("Failed to initialize device: %s", dev->name);
+		return -EBUSY;
+	}
 
-#endif /* CONFIG_PM_DEVICE */
+	return pm_device_driver_init(dev, pwm_nrfx_pm_action);
+}
 
 #define PWM(dev_idx) DT_NODELABEL(pwm##dev_idx)
 #define PWM_PROP(dev_idx, prop) DT_PROP(PWM(dev_idx), prop)