diff --git a/core/modules/views/src/Entity/Render/EntityFieldRenderer.php b/core/modules/views/src/Entity/Render/EntityFieldRenderer.php
index 7dc07b9..39ab8d0 100644
--- a/core/modules/views/src/Entity/Render/EntityFieldRenderer.php
+++ b/core/modules/views/src/Entity/Render/EntityFieldRenderer.php
@@ -125,7 +125,7 @@ public function query(QueryPluginBase $query, $relationship = NULL) {
    */
   protected function buildFields(array $values) {
     $build = [];
-    if ($renderable_fields = $this->getRenderableFieldIds()) {
+    if ($values && $renderable_fields = $this->getRenderableFieldIds()) {
       // Identify all relationships. We will also need one representative field
       // for each relationship.
       $relationhips = [];
@@ -138,8 +138,9 @@ protected function buildFields(array $values) {
       // For each row, and each relationship in the row, retrieve the entity to
       // be processed, and take the correct translation.
       $entities = [];
-      foreach ($values as $result_row) {
-        foreach ($relationhips as $relationhip_id => $field) {
+      foreach ($relationhips as $relationhip_id => $field) {
+        $entities[$relationhip_id] = [];
+        foreach ($values as $result_row) {
           $entity = $field->getEntity($result_row);
           $entities[$relationhip_id][$entity->bundle()][$result_row->index] = $this->getEntityTranslation($entity, $result_row);
         }
@@ -219,9 +220,12 @@ protected function getEntityTranslation(EntityInterface $entity, ResultRow $row)
    * {@inheritdoc}
    */
   public function preRender(array $result) {
-    // For efficient preRender() populated $this->build with the render arrays for all fields
-      // in all rows
-    $this->build = $this->buildFields($result);
+    // Leverage multiple-entity building of formatter output, by building the
+    // render arrays for all fields in all rows before the first field is being
+    // rendered.
+    if (!isset($this->build)) {
+      $this->build = $this->buildFields($result);
+    }
   }
 
   /**