Solid Segment Margin Performance
Segment margin performance for Q4 was 22.2%, up 60 basis points year-over-year, indicating strong product mix impact and cost restructuring benefits.
Bookings and Organic Growth
Bookings were up 7% organically in Q4, driven by robust order rates across markets. Four out of five segments posted positive organic growth.
Strong Cash Position and Capital Flexibility
Dover ended the year with a significant cash position providing flexibility for value-creating capital deployments.
Double-Digit EPS Growth Outlook for 2025
Dover is poised to deliver double-digit EPS growth in 2025 through accretive top-line growth and margin improvement.
Acquisitions and Growth Investments
Closed two bolt-on acquisitions in high-priority segments, with a robust acquisition pipeline.
Pumps & Process Solutions Growth
Organic growth of 3% driven by single-use biopharma components and thermal connectors, with significant year-over-year bookings growth.