The company completed eight business acquisitions for approximately $674.0 million, indicating a continued focus on inorganic growth to enhance its portfolio.

The sale of the Environmental Solutions Group (ESG) business represents a strategic shift, impacting revenue and earnings from discontinued operations.

Despite overall revenue growth, organic revenue remained flat, indicating potential challenges in driving organic expansion across all segments.

Restructuring and other costs of $85.0 million were incurred, primarily related to headcount reductions and product line exits, indicating ongoing efforts to improve efficiency.

Bookings increased by 7.3% to $7.7 billion, including organic bookings growth of 6.5%, suggesting positive future revenue trends.

The effective tax rate increased to 20.3%, primarily driven by gains on dispositions, indicating a shift in the company's earnings mix.

The 10-K highlights that the business is subject to cybersecurity risks, and that systems have been and are expected to continue to be the target of cyber attacks.

The company is exposed to risks relating to its existing international operations and expansion into new geographical markets, including political, social and economic instability.

The company acknowledges the increasing focus on corporate ESG practices and disclosures, which could require the company to expend substantial resources and could result in reduced demand for certain products and services.

The company acknowledges that increasing product, service and price competition by international and domestic competitors could cause businesses to generate lower revenue, operating profits and cash flows.

The company's operating results depend in part on the timely development and commercialization, and customer acceptance, of new and enhanced products, digital solutions and support services based on technological innovation.

The company's businesses are well-positioned to capitalize on growing industrial manufacturing and trade volumes, an increased global focus on digitization and automation in industrial processes, increasing requirements for sustainability, safety, energy efficiency and consumer product safety; and growth of the middle class and consumption in emerging economies.

The company continues to focus on improving returns on capital, as well as earnings margin, by enhancing operational capabilities and making investments across the organization.

The company has implemented numerous productivity initiatives to maximize efficiency, such as supply chain integration, shared services, lean manufacturing principles and production automation, footprint optimization, and product complexity reduction.

The company focuses on margin expansion initiatives designed to reduce the selling, general and administrative cost base and optimize manufacturing and supply chain operations across the portfolio.

The company invests to develop innovative new products, as well as to upgrade and improve existing products, to satisfy customer needs, including demand for energy-efficient products designed to help customers meet sustainability goals.

The company's Boston-based Dover Digital Labs serves as the company-wide hub for its digital initiative, driving digital transformation across its businesses.

The company's businesses invest in research and development to pursue digital strategies based on customer needs and leverage the capabilities of the Dover Digital Labs to deliver on those digital strategies.

The company is focused on the most efficient allocation of capital to maximize returns on investment, utilizing organic reinvestment and acquisitions.

The company has consistently returned cash to shareholders by paying dividends, which have increased annually over each of the last 69 years.

The company undertakes opportunistic share repurchases as part of its capital allocation strategy, signaling confidence in its financial position.

The company is committed to creating economic value for shareholders by developing products designed to help customers meet their sustainability goals, run their operations more efficiently and satisfy evolving regulatory and environmental standards.

In 2021, the company announced science-based targets to reduce its greenhouse gas emissions, including an absolute reduction of scope 1 and scope 2 market-based greenhouse gas emissions of 30 percent by 2030.

The company is also increasing its focus on maintaining sustainable business practices that reduce environmental impact, and developing products that help customers meet their sustainability goals.

The company's businesses are well-positioned to capitalize on growing industrial manufacturing and trade volumes, an increased global focus on digitization and automation in industrial processes, increasing requirements for sustainability, safety, energy efficiency and consumer product safety; and growth of the middle class and consumption in emerging economies.

The company's businesses are well-positioned to capitalize on growing industrial manufacturing and trade volumes, an increased global focus on digitization and automation in industrial processes, increasing requirements for sustainability, safety, energy efficiency and consumer product safety; and growth of the middle class and consumption in emerging economies.

The company's businesses are well-positioned to capitalize on growing industrial manufacturing and trade volumes, an increased global focus on digitization and automation in industrial processes, increasing requirements for sustainability, safety, energy efficiency and consumer product safety; and growth of the middle class and consumption in emerging economies.