diff --git a/asv_bench/benchmarks/inference.py b/asv_bench/benchmarks/inference.py
index e85b3bd2c7687..2455cfbbb21df 100644
--- a/asv_bench/benchmarks/inference.py
+++ b/asv_bench/benchmarks/inference.py
@@ -1,6 +1,9 @@
+import datetime
+
 import numpy as np
 
-from pandas import DataFrame, Series, to_numeric
+from pandas import DataFrame, Series, Timestamp, to_numeric
+from pandas.core.common import maybe_box_datetimelike
 import pandas.util.testing as tm
 
 from .pandas_vb_common import lib, numeric_dtypes
@@ -52,7 +55,6 @@ def time_add_timedeltas(self, df):
 
 
 class ToNumeric:
-
     params = ["ignore", "coerce"]
     param_names = ["errors"]
 
@@ -73,7 +75,6 @@ def time_from_str(self, errors):
 
 
 class ToNumericDowncast:
-
     param_names = ["dtype", "downcast"]
     params = [
         [
@@ -121,4 +122,16 @@ def time_convert(self, data):
         lib.maybe_convert_numeric(data, set(), coerce_numeric=False)
 
 
+class MaybeBoxDatetimelike:
+    def setup(self):
+        self.pd_timestamp = Timestamp.now()
+        self.py_timestamp = datetime.datetime.now()
+
+    def pd_datetime_box(self):
+        maybe_box_datetimelike(self.pd_timestamp)
+
+    def py_datetime_box(self):
+        maybe_box_datetimelike(self.py_timestamp)
+
+
 from .pandas_vb_common import setup  # noqa: F401 isort:skip
diff --git a/pandas/core/common.py b/pandas/core/common.py
index 8a430a4aa7d11..512d6e1398104 100644
--- a/pandas/core/common.py
+++ b/pandas/core/common.py
@@ -73,7 +73,6 @@ def consensus_name_attr(objs):
 
 
 def maybe_box(indexer, values, obj, key):
-
     # if we have multiples coming back, box em
     if isinstance(values, np.ndarray):
         return obj[indexer.get_loc(key)]
@@ -85,6 +84,11 @@ def maybe_box(indexer, values, obj, key):
 def maybe_box_datetimelike(value):
     # turn a datetime like into a Timestamp/timedelta as needed
 
+    if isinstance(value, (tslibs.Timedelta, tslibs.Timestamp)) or (
+        value is tslibs.NaT
+    ):
+        return value
+
     if isinstance(value, (np.datetime64, datetime)):
         value = tslibs.Timestamp(value)
     elif isinstance(value, (np.timedelta64, timedelta)):
@@ -216,7 +220,6 @@ def try_sort(iterable):
 
 
 def asarray_tuplesafe(values, dtype=None):
-
     if not (isinstance(values, (list, tuple)) or hasattr(values, "__array__")):
         values = list(values)
     elif isinstance(values, ABCIndexClass):