diff --git a/srcpkgs/python-setuptools/template b/srcpkgs/python-setuptools/template
index 9c0c8f46183..14dfde08acc 100644
--- a/srcpkgs/python-setuptools/template
+++ b/srcpkgs/python-setuptools/template
@@ -1,6 +1,6 @@
 # Template file for 'python-setuptools'
 pkgname=python-setuptools
-version=36.7.2
+version=38.2.4
 revision=1
 noarch=yes
 wrksrc="setuptools-${version}"
@@ -15,7 +15,7 @@ maintainer="Alessio Sergi <al3hex@gmail.com>"
 homepage="https://github.com/pypa/setuptools"
 license="MIT"
 distfiles="${PYPI_SITE}/s/setuptools/setuptools-${version}.zip"
-checksum=ad86fd8dd09c285c33b4c5b82bbc21d21883637faef78b0ab58fa9984847220d
+checksum=9c671a6291a5b1171fb9da81665eb4f9625c7dbddc613d82abdc6002a4bce896
 alternatives="setuptools:easy_install:/usr/bin/easy_install2"
 
 export SETUPTOOLS_INSTALL_WINDOWS_SPECIFIC_FILES=0