diff --git a/lib/hls/hls_parser.js b/lib/hls/hls_parser.js
index 554168e7ba..ba0d884eaf 100644
--- a/lib/hls/hls_parser.js
+++ b/lib/hls/hls_parser.js
@@ -409,10 +409,12 @@ shaka.hls.HlsParser = class {
       this.playerInterface_.newDrmInfo(stream);
     }
 
-    const segments = this.createSegments_(
+    const {segments, bandwidth} = this.createSegments_(
         streamInfo.verbatimMediaPlaylistUri, playlist, stream.type,
         stream.mimeType, mediaSequenceToStartTime, mediaVariables);
 
+    stream.bandwidth = bandwidth;
+
     stream.segmentIndex.mergeAndEvict(
         segments, this.presentationTimeline_.getSegmentAvailabilityStart());
     if (segments.length) {
@@ -707,7 +709,7 @@ shaka.hls.HlsParser = class {
         primary: true,
         audio: type == 'audio' ? streamInfo.stream : null,
         video: type == 'video' ? streamInfo.stream : null,
-        bandwidth: 0,
+        bandwidth: streamInfo.stream.bandwidth || 0,
         allowedByApplication: true,
         allowedByKeySystem: true,
         decodingInfos: [],
@@ -2067,6 +2069,7 @@ shaka.hls.HlsParser = class {
       stream.drmInfos = realStream.drmInfos;
       stream.keyIds = realStream.keyIds;
       stream.mimeType = realStream.mimeType;
+      stream.bandwidth = realStream.bandwidth;
 
       // Since we lazy-loaded this content, the player may need to create new
       // sessions for the DRM info in this stream.
@@ -2331,8 +2334,9 @@ shaka.hls.HlsParser = class {
 
     const mediaSequenceToStartTime = this.isLive_() ?
         this.mediaSequenceToStartTimeByType_.get(type) : new Map();
-    const segments = this.createSegments_(verbatimMediaPlaylistUri, playlist,
-        type, mimeType, mediaSequenceToStartTime, mediaVariables);
+    const {segments, bandwidth} = this.createSegments_(
+        verbatimMediaPlaylistUri, playlist, type, mimeType,
+        mediaSequenceToStartTime, mediaVariables);
 
     // This new calculation is necessary for Low Latency streams.
     if (this.isLive_()) {
@@ -2366,6 +2370,7 @@ shaka.hls.HlsParser = class {
     stream.drmInfos = drmInfos;
     stream.keyIds = keyIds;
     stream.mimeType = mimeType;
+    stream.bandwidth = bandwidth;
 
     return {
       stream,
@@ -3173,7 +3178,9 @@ shaka.hls.HlsParser = class {
   }
 
   /**
-   * Parses shaka.hls.Segment objects into shaka.media.SegmentReferences.
+   * Parses shaka.hls.Segment objects into shaka.media.SegmentReferences and
+   * get the bandwidth necessary for this segments If it's defined in the
+   * playlist.
    *
    * @param {string} verbatimMediaPlaylistUri
    * @param {!shaka.hls.Playlist} playlist
@@ -3181,7 +3188,8 @@ shaka.hls.HlsParser = class {
    * @param {string} mimeType
    * @param {!Map.<number, number>} mediaSequenceToStartTime
    * @param {!Map.<string, string>} variables
-   * @return {!Array.<!shaka.media.SegmentReference>}
+   * @return {{segments: !Array.<!shaka.media.SegmentReference>,
+   *          bandwidth: (number|undefined)}}
    * @private
    */
   createSegments_(verbatimMediaPlaylistUri, playlist, type, mimeType,
@@ -3219,6 +3227,9 @@ shaka.hls.HlsParser = class {
     let previousReference = null;
     let lastDiscontinuityStartTime = firstStartTime;
 
+    /** @type {!Array.<{bitrate: number, duration: number}>} */
+    const bitrates = [];
+
     for (let i = 0; i < hlsSegments.length; i++) {
       const item = hlsSegments[i];
       const startTime =
@@ -3273,6 +3284,21 @@ shaka.hls.HlsParser = class {
           hlsAes128Key);
 
       if (reference) {
+        const bitrate = shaka.hls.Utils.getFirstTagWithNameAsNumber(
+            item.tags, 'EXT-X-BITRATE');
+        if (bitrate) {
+          bitrates.push({
+            bitrate,
+            duration: reference.endTime - reference.startTime,
+          });
+        } else if (bitrates.length) {
+          // It applies to every segment between it and the next EXT-X-BITRATE,
+          // so we use the latest bitrate value
+          const prevBitrate = bitrates.pop();
+          prevBitrate.duration += reference.endTime - reference.startTime;
+          bitrates.push(prevBitrate);
+        }
+
         previousReference = reference;
         reference.discontinuitySequence = discontinuitySequence;
 
@@ -3287,6 +3313,16 @@ shaka.hls.HlsParser = class {
       }
     }
 
+    let bandwidth = undefined;
+    if (bitrates.length) {
+      const duration = bitrates.reduce((sum, value) => {
+        return sum + value.duration;
+      }, 0);
+      bandwidth = Math.round(bitrates.reduce((sum, value) => {
+        return sum + value.bitrate * value.duration;
+      }, 0) / duration * 1000);
+    }
+
     // If some segments have sync times, but not all, extrapolate the sync
     // times of the ones with none.
     const someSyncTime = references.some((ref) => ref.syncTime != null);
@@ -3372,7 +3408,10 @@ shaka.hls.HlsParser = class {
       }
     }
 
-    return references;
+    return {
+      segments: references,
+      bandwidth,
+    };
   }
 
   /**
diff --git a/test/hls/hls_parser_unit.js b/test/hls/hls_parser_unit.js
index d28c0347d9..1478d7e6a1 100644
--- a/test/hls/hls_parser_unit.js
+++ b/test/hls/hls_parser_unit.js
@@ -4582,6 +4582,47 @@ describe('HlsParser', () => {
     expect(actualManifest.presentationTimeline.getDuration()).toBe(5);
   });
 
+  it('parses #EXT-X-BITRATE', async () => {
+    const media = [
+      '#EXTM3U\n',
+      '#EXT-X-PLAYLIST-TYPE:VOD\n',
+      '#EXT-X-MAP:URI="init.mp4",BYTERANGE="616@0"\n',
+      '#EXTINF:5,\n',
+      '#EXT-X-BYTERANGE:121090@616\n',
+      '#EXT-X-BITRATE:385\n',
+      'main.mp4\n',
+      '#EXTINF:5,\n',
+      '#EXT-X-BYTERANGE:121090@616\n',
+      'main.mp4\n',
+      '#EXTINF:5,\n',
+      '#EXT-X-BYTERANGE:121090@616\n',
+      'main.mp4\n',
+      '#EXTINF:5,\n',
+      '#EXT-X-BYTERANGE:121090@616\n',
+      '#EXT-X-BITRATE:340\n',
+      'main.mp4\n',
+      '#EXT-X-BYTERANGE:121090@616\n',
+      '#EXTINF:5,\n',
+      '#EXT-X-BITRATE:300\n',
+      'main.mp4',
+    ].join('');
+
+    const manifest = shaka.test.ManifestGenerator.generate((manifest) => {
+      manifest.sequenceMode = sequenceMode;
+      manifest.type = shaka.media.ManifestParser.HLS;
+      manifest.anyTimeline();
+      manifest.addPartialVariant((variant) => {
+        variant.bandwidth = 359000;
+        variant.addPartialStream(ContentType.VIDEO, (stream) => {
+          stream.mime('video/mp4', 'avc1.42C01E');
+          stream.bandwidth = 359000;
+        });
+      });
+    });
+
+    await testHlsParser(media, '', manifest);
+  });
+
   it('honors hls.mediaPlaylistFullMimeType', async () => {
     const media = [
       '#EXTM3U\n',