diff --git a/util-stats/src/main/scala/com/twitter/finagle/stats/HistogramCounter.scala b/util-stats/src/main/scala/com/twitter/finagle/stats/HistogramCounter.scala
new file mode 100644
index 000000000..719f3484e
--- /dev/null
+++ b/util-stats/src/main/scala/com/twitter/finagle/stats/HistogramCounter.scala
@@ -0,0 +1,106 @@
+package com.twitter.finagle.stats
+
+import com.twitter.conversions.DurationOps._
+import com.twitter.util.Closable
+import com.twitter.util.Duration
+import com.twitter.util.Future
+import com.twitter.util.Time
+import com.twitter.util.Timer
+import java.util.concurrent.ConcurrentHashMap
+import java.util.concurrent.atomic.LongAdder
+import scala.collection.JavaConverters._
+
+private[twitter] sealed abstract class StatsFrequency(val frequency: Duration) {
+  def suffix: String
+}
+
+private[twitter] object StatsFrequency {
+  case object HundredMilliSecondly extends StatsFrequency(100.millis) {
+    override def suffix = "hundredMilliSecondly"
+  }
+}
+
+/**
+ * Class for creating [[HistogramCounter]]s. It is expected that there be one [[HistogramCounterFactory]]
+ * per process -- otherwise we will schedule multiple timer tasks for aggregating the counter into
+ * a stat, and there can be multiple aggregations for a single stat which may produce unexpected
+ * results.
+ */
+private[twitter] class HistogramCounterFactory(timer: Timer, nowMs: () => Long) extends Closable {
+
+  @volatile private[this] var closed = false
+
+  private[this] val frequencyToStats: Map[
+    StatsFrequency,
+    ConcurrentHashMap[Stat, HistogramCounter]
+  ] = Map(
+    StatsFrequency.HundredMilliSecondly -> new ConcurrentHashMap[Stat, HistogramCounter]
+  )
+
+  frequencyToStats.map {
+    case (statsFrequency, statToCounter) =>
+      timer.doLater(statsFrequency.frequency)(recordStatsForCounters(statsFrequency, statToCounter))
+  }
+
+  def apply(
+    name: Seq[String],
+    frequency: StatsFrequency,
+    statsReceiver: StatsReceiver
+  ): HistogramCounter = {
+    val stat = statsReceiver.stat(normalizeName(name) :+ frequency.suffix: _*)
+    val histogramCounter = new HistogramCounter(stat, nowMs, frequency.frequency.inMillis)
+    val existing = frequencyToStats(frequency).putIfAbsent(stat, histogramCounter)
+    if (existing == null) {
+      histogramCounter
+    } else {
+      existing
+    }
+  }
+
+  override def close(deadline: Time): Future[Unit] = {
+    closed = true
+    Future.Done
+  }
+
+  private[this] def recordStatsForCounters(
+    statsFrequency: StatsFrequency,
+    statToCounter: ConcurrentHashMap[Stat, HistogramCounter]
+  ): Unit = {
+    statToCounter.values().asScala.foreach { counter =>
+      counter.recordAndReset()
+    }
+    if (!closed) {
+      timer.doLater(statsFrequency.frequency)(recordStatsForCounters(statsFrequency, statToCounter))
+    }
+  }
+
+  private[this] def normalizeName(name: Seq[String]): Seq[String] = {
+    if (name.forall(!_.contains("/"))) {
+      name
+    } else {
+      name.map(_.split("/")).flatten
+    }
+  }
+}
+
+private[stats] class HistogramCounter(stat: Stat, nowMs: () => Long, windowSizeMs: Long) {
+  private[this] val counter: LongAdder = new LongAdder
+  @volatile private[this] var lastRecordAndResetMs = nowMs()
+
+  private[stats] def recordAndReset(): Unit = {
+    val count = counter.sumThenReset()
+    val now = nowMs()
+    val elapsed = Math.max(0, now - lastRecordAndResetMs)
+    val elapsedWindows = elapsed.toFloat / windowSizeMs
+    stat.add(count / elapsedWindows)
+    lastRecordAndResetMs = now
+  }
+
+  def incr(delta: Long): Unit = {
+    counter.add(delta)
+  }
+
+  def incr(): Unit = {
+    counter.increment()
+  }
+}