diff --git a/doc/classes/Slider.xml b/doc/classes/Slider.xml
index 0471b8c275f..492b6164bf3 100644
--- a/doc/classes/Slider.xml
+++ b/doc/classes/Slider.xml
@@ -33,7 +33,7 @@
 		</signal>
 		<signal name="drag_started">
 			<description>
-				Emitted when dragging is started.
+				Emitted when dragging is started. This is emitted before the corresponding [signal Range.value_changed] signal.
 			</description>
 		</signal>
 	</signals>
diff --git a/scene/gui/slider.cpp b/scene/gui/slider.cpp
index 586334a0b44..69d281e3731 100644
--- a/scene/gui/slider.cpp
+++ b/scene/gui/slider.cpp
@@ -64,6 +64,8 @@ void Slider::gui_input(const Ref<InputEvent> &p_event) {
 				}
 
 				grab.pos = orientation == VERTICAL ? mb->get_position().y : mb->get_position().x;
+				grab.value_before_dragging = get_as_ratio();
+				emit_signal(SNAME("drag_started"));
 
 				double grab_width = (double)grabber->get_width();
 				double grab_height = (double)grabber->get_height();
@@ -78,12 +80,11 @@ void Slider::gui_input(const Ref<InputEvent> &p_event) {
 				grab.active = true;
 				grab.uvalue = get_as_ratio();
 
-				emit_signal(SNAME("drag_started"));
 				_notify_shared_value_changed();
 			} else {
 				grab.active = false;
 
-				const bool value_changed = !Math::is_equal_approx((double)grab.uvalue, get_as_ratio());
+				const bool value_changed = !Math::is_equal_approx((double)grab.value_before_dragging, get_as_ratio());
 				emit_signal(SNAME("drag_ended"), value_changed);
 			}
 		} else if (scrollable) {
diff --git a/scene/gui/slider.h b/scene/gui/slider.h
index 05766fa7426..07c1d23e32f 100644
--- a/scene/gui/slider.h
+++ b/scene/gui/slider.h
@@ -38,7 +38,8 @@ class Slider : public Range {
 
 	struct Grab {
 		int pos = 0;
-		double uvalue = 0.0;
+		double uvalue = 0.0; // Value at `pos`.
+		double value_before_dragging = 0.0;
 		bool active = false;
 	} grab;