diff --git a/release/models/interfaces/openconfig-if-ethernet.yang b/release/models/interfaces/openconfig-if-ethernet.yang
index 3991923f6..2154c4469 100644
--- a/release/models/interfaces/openconfig-if-ethernet.yang
+++ b/release/models/interfaces/openconfig-if-ethernet.yang
@@ -24,7 +24,14 @@ module openconfig-if-ethernet {
     "Model for managing Ethernet interfaces -- augments the OpenConfig
     model for interface configuration and state.";
 
-  oc-ext:openconfig-version "2.13.0";
+  oc-ext:openconfig-version "3.0.0";
+
+  revision "2024-09-17" {
+    description
+      "Refactor config/state nodes to account for physical ethernet vs.
+      aggregate interface characteristics.";
+    reference "3.0.0";
+  }
 
   revision "2023-03-10" {
     description
@@ -294,7 +301,9 @@ module openconfig-if-ethernet {
   // grouping statements
 
   grouping ethernet-interface-config {
-    description "Configuration items for Ethernet interfaces";
+    description
+      "Common interface configuration for physical ethernet + logical
+      aggregate interfaces";
 
     leaf mac-address {
       type oc-yang:mac-address;
@@ -304,6 +313,27 @@ module openconfig-if-ethernet {
         expected to show the system-assigned MAC address.";
     }
 
+    leaf enable-flow-control {
+      type boolean;
+      default false;
+      description
+        "Enable or disable flow control for this interface.
+        Ethernet flow control is a mechanism by which a receiver
+        may send PAUSE frames to a sender to stop transmission for
+        a specified time.
+
+        This setting should override auto-negotiated flow control
+        settings.  If left unspecified, and auto-negotiate is TRUE,
+        flow control mode is negotiated with the peer interface.";
+      reference
+        "IEEE 802.3x";
+    }
+  }
+
+  grouping physical-interface-config {
+    description
+      "Configuration specific to physical ethernet interfaces";
+
     leaf auto-negotiate {
       type boolean;
       default true;
@@ -365,22 +395,6 @@ module openconfig-if-ethernet {
         by ETHERNET_SPEED identities";
     }
 
-    leaf enable-flow-control {
-      type boolean;
-      default false;
-      description
-        "Enable or disable flow control for this interface.
-        Ethernet flow control is a mechanism by which a receiver
-        may send PAUSE frames to a sender to stop transmission for
-        a specified time.
-
-        This setting should override auto-negotiated flow control
-        settings.  If left unspecified, and auto-negotiate is TRUE,
-        flow control mode is negotiated with the peer interface.";
-      reference
-        "IEEE 802.3x";
-    }
-
     leaf fec-mode {
       type identityref {
         base INTERFACE_FEC;
@@ -596,7 +610,7 @@ module openconfig-if-ethernet {
 
   }
 
-  grouping ethernet-interface-state {
+  grouping physical-interface-state {
     description
       "Grouping for defining Ethernet-specific operational state";
 
@@ -631,6 +645,11 @@ module openconfig-if-ethernet {
         completed auto-negotiation with the remote peer, this value
         shows the interface speed that has been negotiated.";
     }
+  }
+
+  grouping ethernet-interface-state {
+    description
+      "Common state for physical ethernet and aggregate interfaces";
 
     container counters {
       description "Ethernet interface counters";
@@ -654,6 +673,13 @@ module openconfig-if-ethernet {
 
         uses ethernet-interface-config;
 
+        uses physical-interface-config {
+          when "../../oc-if:config/oc-if:type = 'ianaift:ethernetCsmacd'" {
+            description
+              "Configuration specific for physical ethernet interfaces";
+          }
+        }
+
       }
 
       container state {
@@ -662,6 +688,20 @@ module openconfig-if-ethernet {
         description "State variables for Ethernet interfaces";
 
         uses ethernet-interface-config;
+
+        uses physical-interface-config {
+          when "../../oc-if:config/oc-if:type = 'ianaift:ethernetCsmacd'" {
+            description
+              "Configuration specific for physical ethernet interfaces";
+          }
+        }
+
+        uses physical-interface-state {
+          when "../../oc-if:config/oc-if:type = 'ianaift:ethernetCsmacd'" {
+            description
+              "State specific for physical ethernet interfaces";
+          }
+        }
         uses ethernet-interface-state;
 
       }