diff --git a/changelogs/fragments/60961-docker_compose-fix-deprecation-warning.yml b/changelogs/fragments/60961-docker_compose-fix-deprecation-warning.yml
new file mode 100644
index 00000000000..7168a8c28d0
--- /dev/null
+++ b/changelogs/fragments/60961-docker_compose-fix-deprecation-warning.yml
@@ -0,0 +1,2 @@
+bugfixes:
+- "docker_compose - fix issue where docker deprecation warning results in ansible erroneously reporting a failure"
diff --git a/lib/ansible/modules/cloud/docker/docker_compose.py b/lib/ansible/modules/cloud/docker/docker_compose.py
index dce98018f3a..a9c4488442b 100644
--- a/lib/ansible/modules/cloud/docker/docker_compose.py
+++ b/lib/ansible/modules/cloud/docker/docker_compose.py
@@ -886,11 +886,18 @@ class ContainerManager(DockerBaseClass):
                 except Exception as exc:
                     self.client.fail("Error: service image lookup failed - %s" % str(exc))
 
+                out_redir_name, err_redir_name = make_redirection_tempfiles()
                 # pull the image
                 try:
-                    service.pull(ignore_pull_failures=False)
+                    with stdout_redirector(out_redir_name):
+                        with stderr_redirector(err_redir_name):
+                            service.pull(ignore_pull_failures=False)
                 except Exception as exc:
-                    self.client.fail("Error: pull failed with %s" % str(exc))
+                    fail_reason = get_failure_info(exc, out_redir_name, err_redir_name,
+                                                   msg_format="Error: pull failed with %s")
+                    self.client.fail(**fail_reason)
+                else:
+                    cleanup_redirection_tempfiles(out_redir_name, err_redir_name)
 
                 # store the new image ID
                 new_image_id = ''
@@ -933,11 +940,18 @@ class ContainerManager(DockerBaseClass):
                     except Exception as exc:
                         self.client.fail("Error: service image lookup failed - %s" % str(exc))
 
+                    out_redir_name, err_redir_name = make_redirection_tempfiles()
                     # build the image
                     try:
-                        new_image_id = service.build(pull=self.pull, no_cache=self.nocache)
+                        with stdout_redirector(out_redir_name):
+                            with stderr_redirector(err_redir_name):
+                                new_image_id = service.build(pull=self.pull, no_cache=self.nocache)
                     except Exception as exc:
-                        self.client.fail("Error: build failed with %s" % str(exc))
+                        fail_reason = get_failure_info(exc, out_redir_name, err_redir_name,
+                                                       msg_format="Error: build failed with %s")
+                        self.client.fail(**fail_reason)
+                    else:
+                        cleanup_redirection_tempfiles(out_redir_name, err_redir_name)
 
                     if new_image_id not in old_image_id:
                         # if a new image was built
@@ -966,10 +980,17 @@ class ContainerManager(DockerBaseClass):
             ))
         if not self.check_mode and result['changed']:
             image_type = image_type_from_opt('--rmi', self.remove_images)
+            out_redir_name, err_redir_name = make_redirection_tempfiles()
             try:
-                self.project.down(image_type, self.remove_volumes, self.remove_orphans)
+                with stdout_redirector(out_redir_name):
+                    with stderr_redirector(err_redir_name):
+                        self.project.down(image_type, self.remove_volumes, self.remove_orphans)
             except Exception as exc:
-                self.client.fail("Error stopping project - %s" % str(exc))
+                fail_reason = get_failure_info(exc, out_redir_name, err_redir_name,
+                                               msg_format="Error stopping project - %s")
+                self.client.fail(**fail_reason)
+            else:
+                cleanup_redirection_tempfiles(out_redir_name, err_redir_name)
         return result
 
     def cmd_stop(self, service_names):
@@ -1057,10 +1078,17 @@ class ContainerManager(DockerBaseClass):
                     result['changed'] = True
                     service_res['scale'] = scale - len(containers)
                     if not self.check_mode:
+                        out_redir_name, err_redir_name = make_redirection_tempfiles()
                         try:
-                            service.scale(scale)
+                            with stdout_redirector(out_redir_name):
+                                with stderr_redirector(err_redir_name):
+                                    service.scale(scale)
                         except Exception as exc:
-                            self.client.fail("Error scaling %s - %s" % (service.name, str(exc)))
+                            fail_reason = get_failure_info(exc, out_redir_name, err_redir_name,
+                                                           msg_format="Error scaling {0} - %s".format(service.name))
+                            self.client.fail(**fail_reason)
+                        else:
+                            cleanup_redirection_tempfiles(out_redir_name, err_redir_name)
                     result['actions'].append(service_res)
         return result