Reducing dynamic power consumption for a circuit can include analyzing, using a processor, a netlist specifying the circuit to determine a block of combinatorial circuitry in a first signal path with at least a threshold amount of switching activity and detecting, using the processor, a second signal path coupled to the block of combinatorial circuitry by a sequential circuit element. The second signal path has a delay that meets a target signal path requirement. Using the processor, the netlist can be modified by subdividing the block of combinatorial circuitry into at least a first portion and a second portion and moving one of the portions from the first signal path to the second signal path, wherein the moving separates the first portion from the second portion by the sequential circuit element.