diff --git a/activerecord/lib/active_record/connection_adapters/abstract/database_statements.rb b/activerecord/lib/active_record/connection_adapters/abstract/database_statements.rb
index efad7bf54d17b..521fa21a3ff30 100644
--- a/activerecord/lib/active_record/connection_adapters/abstract/database_statements.rb
+++ b/activerecord/lib/active_record/connection_adapters/abstract/database_statements.rb
@@ -189,8 +189,10 @@ def explain(arel, binds = [], options = []) # :nodoc:
       def insert(arel, name = nil, pk = nil, id_value = nil, sequence_name = nil, binds = [], returning: nil)
         sql, binds = to_sql_and_binds(arel, binds)
         value = exec_insert(sql, name, binds, pk, sequence_name, returning: returning)
-        return id_value if id_value
-        returning.nil? ? last_inserted_id(value) : returning_column_values(value)
+
+        return returning_column_values(value) unless returning.nil?
+
+        id_value || last_inserted_id(value)
       end
       alias create insert
 
diff --git a/activerecord/test/cases/persistence_test.rb b/activerecord/test/cases/persistence_test.rb
index 5f6ac90386526..14b1148546168 100644
--- a/activerecord/test/cases/persistence_test.rb
+++ b/activerecord/test/cases/persistence_test.rb
@@ -24,6 +24,7 @@
 require "models/cpk"
 require "models/chat_message"
 require "models/default"
+require "models/post_with_prefetched_pk"
 
 class PersistenceTest < ActiveRecord::TestCase
   fixtures :topics, :companies, :developers, :accounts, :minimalistics, :authors, :author_addresses,
@@ -504,6 +505,11 @@ def test_create
     assert_equal("New Topic", topic_reloaded.title)
   end
 
+  def test_create_prefetched_pk
+    post = PostWithPrefetchedPk.create!(title: "New Message", body: "New Body")
+    assert_equal 123456, post.id
+  end
+
   def test_create_model_with_uuid_pk_populates_id
     message = ChatMessage.create(content: "New Message")
     assert_not_nil message.id
diff --git a/activerecord/test/models/post_with_prefetched_pk.rb b/activerecord/test/models/post_with_prefetched_pk.rb
new file mode 100644
index 0000000000000..0c6c49283b495
--- /dev/null
+++ b/activerecord/test/models/post_with_prefetched_pk.rb
@@ -0,0 +1,15 @@
+# frozen_string_literal: true
+
+class PostWithPrefetchedPk < ActiveRecord::Base
+  self.table_name = "posts"
+
+  class << self
+    def prefetch_primary_key?
+      true
+    end
+
+    def next_sequence_value
+      123456
+    end
+  end
+end