diff --git a/CHANGELOG.md b/CHANGELOG.md
index efe41afd..b69ab30a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,10 @@
 # Changelog
 
+# 8.12.4
+
+- Reduce use of dynamic calls in generated `operator==` when there are
+  functions: only use dynamic calls if the class also has type parameters.
+
 # 8.12.3
 
 - Require `analyzer ^10.0.0`, stop using removed and deprecated methods from
diff --git a/benchmark/pubspec.yaml b/benchmark/pubspec.yaml
index 013524e8..3679cde5 100644
--- a/benchmark/pubspec.yaml
+++ b/benchmark/pubspec.yaml
@@ -1,5 +1,5 @@
 name: benchmark
-version: 8.12.3
+version: 8.12.4
 publish_to: none
 description: >
   Benchmark, not for publishing.
@@ -14,7 +14,7 @@ dependencies:
 
 dev_dependencies:
   build_runner: '>=1.0.0 <3.0.0'
-  built_value_generator: ^8.12.3
+  built_value_generator: ^8.12.4
   pedantic: ^1.4.0
   quiver: '>=0.21.0 <4.0.0'
   test: ^1.0.0
diff --git a/built_value/pubspec.yaml b/built_value/pubspec.yaml
index 689539dc..941b3733 100644
--- a/built_value/pubspec.yaml
+++ b/built_value/pubspec.yaml
@@ -1,5 +1,5 @@
 name: built_value
-version: 8.12.3
+version: 8.12.4
 description: >
   Value types with builders, Dart classes as enums, and serialization.
   This library is the runtime dependency.
diff --git a/built_value_generator/pubspec.yaml b/built_value_generator/pubspec.yaml
index ddcfb874..251fda2a 100644
--- a/built_value_generator/pubspec.yaml
+++ b/built_value_generator/pubspec.yaml
@@ -1,5 +1,5 @@
 name: built_value_generator
-version: 8.12.3
+version: 8.12.4
 description: >
   Value types with builders, Dart classes as enums, and serialization.
   This library is the dev dependency.
diff --git a/built_value_generator/test/built_value_generator_test.dart b/built_value_generator/test/built_value_generator_test.dart
index 74d379d3..a77278c2 100644
--- a/built_value_generator/test/built_value_generator_test.dart
+++ b/built_value_generator/test/built_value_generator_test.dart
@@ -882,8 +882,7 @@ abstract class NestedValue implements Built<NestedValue, NestedValueBuilder> {
 
     test('uses dynamic for equality check on function fields with generics',
         () async {
-      expect(
-          await generate('''library value;
+      expect(await generate('''library value;
 import 'package:built_value/built_value.dart';
 part 'value.g.dart';
 abstract class Value<T> implements Built<Value<T>, ValueBuilder<T>> {
@@ -891,15 +890,13 @@ abstract class Value<T> implements Built<Value<T>, ValueBuilder<T>> {
   factory Value([void Function(ValueBuilder<T>) updates]) = _\$Value<T>;
   void Function(T) get callback;
 }
-'''),
-          contains(r'final dynamic _$dynamicOther = other;'));
+'''), contains(r'final dynamic _$dynamicOther = other;'));
     });
 
     test(
         'does not use dynamic for equality check on function fields without generics',
         () async {
-      expect(
-          await generate('''library value;
+      expect(await generate('''library value;
 import 'package:built_value/built_value.dart';
 part 'value.g.dart';
 abstract class Value implements Built<Value, ValueBuilder> {
@@ -907,8 +904,7 @@ abstract class Value implements Built<Value, ValueBuilder> {
   factory Value([void Function(ValueBuilder) updates]) = _\$Value;
   void Function(int) get callback;
 }
-'''),
-          isNot(contains(r'dynamicOther')));
+'''), isNot(contains(r'dynamicOther')));
     });
 
     test('cleans generated class names for private classes', () async {
diff --git a/built_value_test/pubspec.yaml b/built_value_test/pubspec.yaml
index 535317a0..6d894de4 100644
--- a/built_value_test/pubspec.yaml
+++ b/built_value_test/pubspec.yaml
@@ -1,5 +1,5 @@
 name: built_value_test
-version: 8.12.3
+version: 8.12.4
 description: >
   Value types with builders, Dart classes as enums, and serialization.
   This library provides test support.
@@ -21,7 +21,7 @@ dependencies:
   quiver: '>=0.21.0 <4.0.0'
 
 dev_dependencies:
-  built_value_generator: ^8.12.3
+  built_value_generator: ^8.12.4
   build_runner: '>=1.0.0 <3.0.0'
   pedantic: ^1.4.0
   test: ^1.0.0
diff --git a/chat_example/pubspec.yaml b/chat_example/pubspec.yaml
index 9ff06f88..d3bc24f4 100644
--- a/chat_example/pubspec.yaml
+++ b/chat_example/pubspec.yaml
@@ -1,5 +1,5 @@
 name: chat_example
-version: 8.12.3
+version: 8.12.4
 publish_to: none
 description: >
   Just an example, not for publishing.
@@ -21,6 +21,6 @@ dev_dependencies:
   build_runner: any
   build_test: any
   build_web_compilers: any
-  built_value_generator: ^8.12.3
+  built_value_generator: ^8.12.4
   pedantic: ^1.4.0
   test: ^1.0.0
diff --git a/end_to_end_test/pubspec.yaml b/end_to_end_test/pubspec.yaml
index 70d37617..30719861 100644
--- a/end_to_end_test/pubspec.yaml
+++ b/end_to_end_test/pubspec.yaml
@@ -1,5 +1,5 @@
 name: end_to_end_test
-version: 8.12.3
+version: 8.12.4
 publish_to: none
 description: >
   Tests, not for publishing.
@@ -15,7 +15,7 @@ dependencies:
 dev_dependencies:
   build: '>=3.1.0 <5.0.0'
   build_runner: '>=2.5.0 <3.0.0'
-  built_value_generator: ^8.12.3
+  built_value_generator: ^8.12.4
   fixnum: ^1.0.0
   pedantic: ^1.4.0
   quiver: '>=0.21.0 <4.0.0'
diff --git a/example/pubspec.yaml b/example/pubspec.yaml
index b1862ba1..a27b85e3 100644
--- a/example/pubspec.yaml
+++ b/example/pubspec.yaml
@@ -13,7 +13,7 @@ dependencies:
 
 dev_dependencies:
   build_runner: '>=1.0.0 <3.0.0'
-  built_value_generator: ^8.12.3
+  built_value_generator: ^8.12.4
   pedantic: ^1.4.0
   quiver: '>=0.21.0 <4.0.0'
   test: ^1.0.0