diff --git a/CMakeLists.txt b/CMakeLists.txt
index 03478720..0a39dd57 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -67,7 +67,7 @@ option(BUILD_SHARED_LIBS "Build using shared libraries" ON)
 
 set(CMAKE_WINDOWS_EXPORT_ALL_SYMBOLS FALSE)
 
-option(BUILD_BENCHMARKING "Build CasADi and Sleipnir benchmarks" OFF)
+option(BUILD_BENCHMARKS "Build CasADi and Sleipnir benchmarks" OFF)
 option(BUILD_EXAMPLES "Build examples" OFF)
 option(BUILD_PYTHON "Build Python module" OFF)
 option(DISABLE_DIAGNOSTICS "Disable diagnostics support at compile-time" OFF)
@@ -177,7 +177,7 @@ install(
 )
 
 # Add benchmark executables
-if(BUILD_BENCHMARKING)
+if(BUILD_BENCHMARKS)
     # Perf benchmark
     foreach(benchmark "CartPole" "Flywheel")
         file(
diff --git a/README.md b/README.md
index 48642bce..2cc547ac 100644
--- a/README.md
+++ b/README.md
@@ -236,7 +236,7 @@ Some test problems generate CSV files containing their solutions. These can be p
 Benchmark projects are in the [benchmarks folder](https://github.com/SleipnirGroup/Sleipnir/tree/main/benchmarks). To compile and run them, run the following in the repository root:
 ```bash
 # Install CasADi and [matplotlib, numpy, scipy] pip packages first
-cmake -B build -S . -DBUILD_BENCHMARKING=ON
+cmake -B build -S . -DBUILD_BENCHMARKS=ON
 cmake --build build
 ./tools/generate-scalability-results.sh
 ```
diff --git a/tools/perf-benchmark.sh b/tools/perf-benchmark.sh
index 395f9f4e..6d846c14 100755
--- a/tools/perf-benchmark.sh
+++ b/tools/perf-benchmark.sh
@@ -6,7 +6,7 @@ if [[ $# -ne 1 ]] || [[ "$1" != "CartPole" && "$1" != "Flywheel" ]]; then
   exit 1
 fi
 
-cmake -B build-perf -S . -DCMAKE_BUILD_TYPE=Perf -DBUILD_BENCHMARKING=ON
+cmake -B build-perf -S . -DCMAKE_BUILD_TYPE=Perf -DBUILD_BENCHMARKS=ON
 cmake --build build-perf --target $1PerfBenchmark
 ./tools/perf-record.sh ./build-perf/$1PerfBenchmark
 ./tools/perf-report.sh