Leica M-E Typ 240 vs Olympus E-PM2

The Leica M-E (Typ 240) and the Olympus PEN E-PM2 are two digital cameras that were officially introduced, respectively, in June 2019 and September 2012. The M-E Typ 240 is a rangefinder-focusing mirrorless, while the E-PM2 is a mirrorless interchangeable lens camera. The cameras are based on a full frame (M-E Typ 240) and a Four Thirds (E-PM2) sensor. The Leica has a resolution of 23.7 megapixels, whereas the Olympus provides 15.9 MP.

Below is an overview of the main specs of the two cameras as a starting point for the comparison.

Headline Specifications

Leica M-E Typ 240		Olympus E-PM2
Rangefinder camera		Mirrorless system camera
Leica M mount lenses		Micro Four Thirds lenses
23.7 MP – Full Frame sensor		15.9 MP – Four Thirds sensor
1080/25p Video		1080/30p Video
ISO 200-6,400		ISO 100-25,600
Optical viewfinder		Viewfinder optional
3.0" LCD – 920k dots		3.0" LCD – 460k dots
Fixed screen (not touch-sensitive)		Fixed touchscreen
3 shutter flaps per second		8 shutter flaps per second
no shake reduction		In-body stabilization
Weathersealed body		not weather sealed
500 shots per battery charge		360 shots per battery charge
139 x 80 x 42 mm, 680 g		110 x 64 x 34 mm, 269 g

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Going beyond this snapshot of core features and characteristics, what are the differences between the Leica M-E (Typ 240) and the Olympus PEN E-PM2? Which one should you buy? Read on to find out how these two cameras compare with respect to their body size, their imaging sensors, their shooting features, their input-output connections, and their reception by expert reviewers.

Body comparison

The side-by-side display below illustrates the physical size and weight of the Leica M-E Typ 240 and the Olympus E-PM2. The two cameras are presented according to their relative size. Three consecutive perspectives from the front, the top, and the back are available. All width, height and depth dimensions are rounded to the nearest millimeter.

The E-PM2 can be obtained in four different colors (black, silver, red, white), while the M-E Typ 240 is only available in silver.

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Olympus E-PM2 is considerably smaller (37 percent) than the Leica M-E Typ 240. Moreover, the E-PM2 is substantially lighter (60 percent) than the M-E Typ 240. It is worth mentioning in this context that the M-E Typ 240 is splash and dust resistant, while the E-PM2 does not feature any corresponding weather-sealing.

The above size and weight comparisons are to some extent incomplete since they do not consider the interchangeable lenses that both of these cameras require. A larger imaging sensor will tend to go along with bigger and heavier lenses, although exceptions exist. You can compare the optics available for the two cameras in the Leica M Lens Catalog (M-E Typ 240) and the Micro Four Thirds Lens Catalog (E-PM2).

Concerning battery life, the M-E Typ 240 gets 500 shots out of its Leica BP-SCL2 battery, while the E-PM2 can take 360 images on a single charge of its Olympus BLS-5 power pack.

The table below summarizes the key physical specs of the two cameras alongside a broader set of comparators. If you would like to visualize and compare a different camera combination, you can navigate to the CAM-parator app and make your selection from a broad list of cameras there.

Body Specifications

		Camera Model	Camera Width	Camera Height	Camera Depth	Camera Weight	Battery Life	Weather Sealing	Camera Launch	Launch Price (USD)	Street Price
1.		Leica M-E Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Jun 2019	3,999	ebay.com
2.		Olympus E-PM2	110 mm	64 mm	34 mm	269 g	360	n	Sep 2012	499	ebay.com
3.		Leica M Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Sep 2012	6,950	ebay.com
4.		Leica M Typ 262	139 mm	80 mm	42 mm	680 g	400	Y	Nov 2015	5,195	ebay.com
5.		Leica M10	139 mm	80 mm	39 mm	660 g	210	Y	Jan 2017	6,595	ebay.com
6.		Leica M10-P	139 mm	80 mm	39 mm	660 g	210	Y	Aug 2018	7,995	ebay.com
7.		Leica M10-R	139 mm	80 mm	39 mm	660 g	210	Y	Jul 2020	8,295	ebay.com
8.		Leica M11	139 mm	80 mm	39 mm	640 g	700	Y	Jan 2022	8,995	amazon.com
9.		Leica Q Typ 116	130 mm	80 mm	93 mm	640 g	300	n	Jun 2015	4,249	ebay.com
10.		Leica Q2	130 mm	80 mm	92 mm	718 g	370	Y	Mar 2019	4,995	amazon.com
11.		Olympus E-M10 II	120 mm	83 mm	47 mm	390 g	320	n	Aug 2015	649	ebay.com
12.		Olympus E-P5	122 mm	69 mm	37 mm	420 g	330	n	May 2013	999	ebay.com
13.		Olympus E-PL5	111 mm	64 mm	38 mm	325 g	360	n	Sep 2012	599	ebay.com
14.		Olympus E-PL6	111 mm	64 mm	38 mm	325 g	360	n	May 2013	599	ebay.com
15.		Olympus E-PM1	110 mm	64 mm	34 mm	265 g	330	n	Jun 2011	499	ebay.com
16.		Sony A7 III	127 mm	96 mm	74 mm	650 g	610	Y	Feb 2018	1,999	amazon.com
17.		Sony A9 II	129 mm	96 mm	76 mm	678 g	690	Y	Oct 2019	4,499	amazon.com
Note: Measurements and pricing do not include easily detachable parts, such as add-on or interchangeable lenses or optional viewfinders.
Convert to Imperial

Any camera decision will obviously take relative prices into account. The retail prices at the time of the camera’s release place the model in the market relative to other models in the producer’s line-up and the competition. The E-PM2 was launched at a markedly lower price (by 88 percent) than the M-E Typ 240, which puts it into a different market segment. Usually, retail prices stay at first close to the launch price, but after several months, discounts become available. Later in the product cycle and, in particular, when the replacement model is about to appear, further discounting and stock clearance sales often push the camera price considerably down. Then, after the new model is out, very good deals can frequently be found on the pre-owned market.

Sensor comparison

The imaging sensor is at the core of digital cameras and its size is one of the main determining factors of image quality. All other things equal, a large sensor will have larger individual pixel-units that offer better low-light sensitivity, wider dynamic range, and richer color-depth than smaller pixels in a sensor of the same technological generation. Furthermore, a large sensor camera will give the photographer more possibilities to use shallow depth-of-field in order to isolate a subject from the background. On the downside, larger sensors tend to be associated with larger, more expensive camera bodies and lenses.

Of the two cameras under consideration, the Leica M-E Typ 240 features a full frame sensor and the Olympus E-PM2 a Four Thirds sensor. The sensor area in the E-PM2 is 74 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 1.0 and 2.0. The sensor in the M-E Typ 240 has a native 3:2 aspect ratio, while the one in the E-PM2 offers a 4:3 aspect.

With 23.7MP, the M-E Typ 240 offers a higher resolution than the E-PM2 (15.9MP), but the M-E Typ 240 nevertheless has larger individual pixels (pixel pitch of 6.01μm versus 3.76μm for the E-PM2) due to its larger sensor. Moreover, the M-E Typ 240 is a much more recent model (by 6 years and 9 months) than the E-PM2, and its sensor will have benefitted from technological advances during this time that further enhance the light gathering capacity of its pixels.

The resolution advantage of the Leica M-E Typ 240 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the M-E Typ 240 for good quality output (200 dots per inch) amounts to 29.8 x 19.9 inches or 75.6 x 50.5 cm, for very good quality (250 dpi) 23.8 x 15.9 inches or 60.5 x 40.4 cm, and for excellent quality (300 dpi) 19.8 x 13.3 inches or 50.4 x 33.7 cm. The corresponding values for the Olympus E-PM2 are 23 x 17.3 inches or 58.5 x 43.9 cm for good quality, 18.4 x 13.8 inches or 46.8 x 35.1 cm for very good quality, and 15.4 x 11.5 inches or 39 x 29.3 cm for excellent quality prints.

The Leica M-E (Typ 240) has a native sensitivity range from ISO 200 to ISO 6400, which can be extended to ISO 100-6400. The corresponding ISO settings for the Olympus PEN E-PM2 are ISO 100 to ISO 25600 (no boost).

Technology-wise, both cameras are equipped with CMOS (Complementary Metal–Oxide–Semiconductor) sensors. Both cameras use a Bayer filter for capturing RGB colors on a square grid of photosensors. This arrangement is found in most digital cameras.

Since 2007, DXO Mark has published sensor performance measurements that have been derived using a consistent methodology. This service determines an overall sensor rating, as well as sub-scores for low-light sensitivity ("DXO Sports"), dynamic range ("DXO Landscape"), and color depth ("DXO Portrait"). The adjacent table reports on the physical sensor characteristics and the outcomes of the DXO sensor quality tests for a sample of comparator-cameras.

Sensor Characteristics

		Camera Model	Sensor Class	Resolution (MP)	Horiz. Pixels	Vert. Pixels	Video Format	DXO Portrait	DXO Landscape	DXO Sports	DXO Overall
1.		Leica M-E Typ 240	Full Frame	23.7	5952	3976	1080/25p	25.2	14.2	2821	94
2.		Olympus E-PM2	Four Thirds	15.9	4608	3456	1080/30p	22.7	12.2	932	72
3.		Leica M Typ 240	Full Frame	23.7	5952	3976	1080/25p	24.0	13.3	1860	84
4.		Leica M Typ 262	Full Frame	23.7	5952	3976	none	24.8	13.7	2478	90
5.		Leica M10	Full Frame	23.8	5952	3992	none	24.4	13.2	2133	86
6.		Leica M10-P	Full Frame	23.8	5952	3992	none	25.1	14.1	2739	93
7.		Leica M10-R	Full Frame	40.9	7864	5200	none	25.3	14.3	2924	95
8.		Leica M11	Full Frame	60.3	9528	6328	none	26.3	14.8	3376	100
9.		Leica Q Typ 116	Full Frame	24.0	6000	4000	1080/60p	24.3	12.7	2221	85
10.		Leica Q2	Full Frame	46.7	8368	5584	4K/30p	26.4	13.5	2491	96
11.		Olympus E-M10 II	Four Thirds	15.9	4608	3456	1080/60p	23.1	12.5	842	73
12.		Olympus E-P5	Four Thirds	15.9	4608	3456	1080/30p	22.8	12.4	895	72
13.		Olympus E-PL5	Four Thirds	15.9	4608	3456	1080/30p	22.8	12.3	889	72
14.		Olympus E-PL6	Four Thirds	15.9	4608	3456	1080/30p	22.5	12.0	717	68
15.		Olympus E-PM1	Four Thirds	12.2	4032	3024	1080/60i	21.0	10.3	499	52
16.		Sony A7 III	Full Frame	24.0	6000	4000	4K/30p	25.0	14.7	3730	96
17.		Sony A9 II	Full Frame	24.0	6000	4000	4K/30p	25.0	14.0	3434	93
Note: DXO values in italics represent estimates based on sensor size and age.

Many modern cameras are not only capable of taking still images, but can also record movies. The two cameras under consideration both have sensors whose read-out speed is fast enough to capture moving pictures, but the E-PM2 provides a faster frame rate than the M-E Typ 240. It can shoot movie footage at 1080/30p, while the Leica is limited to 1080/25p.

Feature comparison

Apart from body and sensor, cameras can and do differ across a range of features. For example, the M-E Typ 240 has an optical viewfinder, which can be very useful when shooting in bright sunlight. In contrast, the E-PM2 relies on live view and the rear LCD for framing. That said, the E-PM2 can be equipped with an optional viewfinder – the VF-4. The following table reports on some other key feature differences and similarities of the Leica M-E Typ 240, the Olympus E-PM2, and comparable cameras.

Core Features

		Camera Model	Viewfinder (Type or 000 dots)	Control Panel (yes/no)	LCD Specifications (inch/000 dots)	LCD Attach- ment	Touch Screen (yes/no)	Max Shutter Speed *	Max Shutter Flaps *	Built-in Flash (yes/no)	Built-in Image Stab
1.		Leica M-E Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
2.		Olympus E-PM2	optional	n	3.0 / 460	fixed	Y	1/4000s	8.0/s	n	Y
3.		Leica M Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
4.		Leica M Typ 262	optical	n	3.0 / 921	fixed	n	1/4000s	3.0/s	n	n
5.		Leica M10	optical	n	3.0 / 1037	fixed	n	1/4000s	5.0/s	n	n
6.		Leica M10-P	optical	n	3.0 / 1037	fixed	Y	1/4000s	5.0/s	n	n
7.		Leica M10-R	optical	n	3.0 / 1037	fixed	Y	1/4000s	4.5/s	n	n
8.		Leica M11	optical	n	3.0 / 2333	fixed	Y	1/4000s	4.5/s	n	n
9.		Leica Q Typ 116	3680	n	3.0 / 1040	fixed	Y	1/2000s	10.0/s	n	Y
10.		Leica Q2	3680	n	3.0 / 1040	fixed	Y	1/2000s	10.0/s	n	Y
11.		Olympus E-M10 II	2360	n	3.0 / 1040	tilting	Y	1/4000s	8.0/s	Y	Y
12.		Olympus E-P5	optional	n	3.0 / 1037	tilting	Y	1/8000s	9.0/s	Y	Y
13.		Olympus E-PL5	optional	n	3.0 / 460	tilting	Y	1/4000s	8.0/s	n	Y
14.		Olympus E-PL6	optional	n	3.0 / 460	tilting	Y	1/4000s	8.0/s	n	Y
15.		Olympus E-PM1	optional	n	3.0 / 460	fixed	n	1/4000s	5.5/s	n	Y
16.		Sony A7 III	2359	n	3.0 / 922	tilting	Y	1/8000s	10.0/s	n	Y
17.		Sony A9 II	3686	n	3.0 / 1440	tilting	Y	1/8000s	20.0/s	n	Y
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One differentiating feature between the two cameras concerns the touch sensitivity of the rear screen. The E-PM2 has a touchscreen, while the M-E Typ 240 has a conventional panel. Touch control can be particularly helpful, for example, for setting the focus point.

Concerning the storage of imaging data, both the M-E Typ 240 and the E-PM2 write their files to SDXC cards. Both cameras can use UHS-I cards, which provide for Ultra High Speed data transfer of up to 104 MB/s.

Connectivity comparison

For some imaging applications, the extent to which a camera can communicate with its environment can be an important aspect in the camera decision process. The table below provides an overview of the connectivity of the Leica M-E (Typ 240) and Olympus PEN E-PM2 and, in particular, the interfaces the cameras (and selected comparators) provide for accessory control and data transfer.

Input-Output Connections

		Camera Model	Hotshoe Port	Internal Mic / Speaker	Microphone Port	Headphone Port	HDMI Port	USB Port	WiFi Support	NFC Support	Bluetooth Support
1.		Leica M-E Typ 240	Y	mono / -	-	-	-	2.0	-	-	-
2.		Olympus E-PM2	Y	stereo / mono	-	-	mini	2.0	-	-	-
3.		Leica M Typ 240	Y	stereo / mono	-	-	-	2.0	-	-	-
4.		Leica M Typ 262	Y	- / -	-	-	-	2.0	-	-	-
5.		Leica M10	Y	- / -	-	-	-	-	Y	-	-
6.		Leica M10-P	Y	- / -	-	-	-	-	Y	-	-
7.		Leica M10-R	Y	- / -	-	-	-	-	Y	-	-
8.		Leica M11	Y	- / -	-	-	-	3.2	Y	-	Y
9.		Leica Q Typ 116	Y	stereo / mono	-	-	micro	2.0	Y	Y	-
10.		Leica Q2	Y	stereo / mono	-	-	-	-	Y	-	Y
11.		Olympus E-M10 II	Y	stereo / mono	-	-	micro	2.0	Y	-	-
12.		Olympus E-P5	Y	stereo / mono	-	-	micro	2.0	Y	-	-
13.		Olympus E-PL5	Y	stereo / mono	-	-	mini	2.0	-	-	-
14.		Olympus E-PL6	Y	stereo / mono	-	-	mini	2.0	-	-	-
15.		Olympus E-PM1	Y	stereo / mono	-	-	mini	2.0	-	-	-
16.		Sony A7 III	Y	stereo / mono	Y	Y	micro	3.1	Y	Y	Y
17.		Sony A9 II	Y	stereo / mono	Y	Y	micro	3.1	Y	Y	Y

Both the M-E Typ 240 and the E-PM2 have been discontinued, but can regularly be found used on ebay. Neither of the two has a direct successor, so they represent the end of the respective camera lines from Leica and Olympus. Further information on the two cameras (e.g. user guides, manuals), as well as related accessories, can be found on the official Leica and Olympus websites.

Review summary

So how do things add up? Is the Leica M-E Typ 240 better than the Olympus E-PM2 or vice versa? The listing below highlights the relative strengths of the two models.

Arguments in favor of the Leica M-E (Typ 240):

• More detail: Offers more megapixels (23.7 vs 15.9MP) with a 24% higher linear resolution.
• Better image quality: Features a larger and more technologically advanced imaging sensor.
• Richer colors: The sensor size advantage translates into images with better, more accurate colors.
• More dynamic range: Larger sensor captures a wider spectrum of light and dark details.
• Better low-light sensitivity: Larger sensor produces good images even in poorly lit environments.
• Easier framing: Has an optical viewfinder for image composition and settings control.
• More detailed LCD: Has a higher resolution rear screen (920k vs 460k dots).
• Longer lasting: Can take more shots (500 versus 360) on a single battery charge.
• Better sealing: Is weather sealed to enable shooting in dusty or wet environments.
• More prestigious: Has the Leica luxury appeal, which ensures a high resale price.
• More modern: Reflects 6 years and 9 months of technical progress since the E-PM2 launch.

Reasons to prefer the Olympus PEN E-PM2:

• Better video: Provides higher movie framerates (1080/30p versus 1080/25p).
• Fewer buttons to press: Has a touchscreen to facilitate handling and shooting adjustments.
• Faster burst: Shoots at higher frequency (8 vs 3 flaps/sec) to capture the decisive moment.
• More compact: Is smaller (110x64mm vs 139x80mm) and will fit more readily into a bag.
• Less heavy: Has a lower weight (by 411g or 60 percent) and is thus easier to take along.
• Sharper images: Has stabilization technology built-in to reduce the impact of hand-shake.
• More affordable: Was introduced into a lower priced category (88 percent cheaper at launch).
• More heavily discounted: Has been around for much longer (launched in September 2012).

If the count of individual advantages (bullet points above) is taken as a guide, the M-E Typ 240 emerges as the winner of the contest (11 : 8 points). However, the relative importance of the various individual camera aspects will vary according to personal preferences and needs, so that you might like to apply corresponding weights to the particular features before making a decision on a new camera. A professional wildlife photographer will view the differences between cameras in a way that diverges from the perspective of a family photog, and a person interested in architecture has distinct needs from a sports shooter. Hence, the decision which camera is best and worth buying is often a very personal one.

In any case, while the comparison of the spec-sheets of cameras can offer a general idea of their imaging potential, it says little about, for example, the shooting experience and imaging performance of the M-E Typ 240 and the E-PM2 in practical situations. User reviews that are available, for instance, at amazon can sometimes shed light on these issues, but such feedback is all too often partial, inconsistent, and inaccurate.

Expert reviews

This is why expert reviews are important. The following table reports the overall ratings of the cameras as published by some of the major camera review sites (amateurphotographer [AP], cameralabs [CL], digitalcameraworld [DCW], dpreview [DPR], ephotozine [EPZ], photographyblog [PB]). As can be seen, the professional reviewers agree in many cases on the quality of different cameras, but sometimes their assessments diverge, reinforcing the earlier point that a camera decision is often a very personal choice.

Expert Camera Reviews

		Camera   Model	AP   score	CL   score	DCW   score	DPR   score	EPZ   score	PB   score	Camera Launch	Launch Price (USD)	Street Price
1.		Leica M-E Typ 240	..	..	..	..	..	..	Jun 2019	3,999	ebay.com
2.		Olympus E-PM2	3/5	..	..	77/100	5/5	4.5/5	Sep 2012	499	ebay.com
3.		Leica M Typ 240	4/5	..	..	..	4/5	..	Sep 2012	6,950	ebay.com
4.		Leica M Typ 262	..	..	..	..	..	..	Nov 2015	5,195	ebay.com
5.		Leica M10	4.5/5	..	..	..	4/5	4.5/5	Jan 2017	6,595	ebay.com
6.		Leica M10-P	..	..	3/5	..	..	4/5	Aug 2018	7,995	ebay.com
7.		Leica M10-R	4.5/5	..	4/5	..	..	4/5	Jul 2020	8,295	ebay.com
8.		Leica M11	4.5/5	..	4.5/5	..	4.5/5	4.5/5	Jan 2022	8,995	amazon.com
9.		Leica Q Typ 116	5/5	..	..	80/100	4.5/5	4.5/5	Jun 2015	4,249	ebay.com
10.		Leica Q2	..	..	4.5/5	84/100	4.5/5	4/5	Mar 2019	4,995	amazon.com
11.		Olympus E-M10 II	4.5/5	+ +	..	80/100	5/5	5/5	Aug 2015	649	ebay.com
12.		Olympus E-P5	5/5	+ +	..	78/100	4.5/5	5/5	May 2013	999	ebay.com
13.		Olympus E-PL5	3/5	+ +	..	..	4.5/5	4.5/5	Sep 2012	599	ebay.com
14.		Olympus E-PL6	..	..	..	..	..	..	May 2013	599	ebay.com
15.		Olympus E-PM1	..	86/100	..	71/100	4.5/5	4.5/5	Jun 2011	499	ebay.com
16.		Sony A7 III	..	+ +	4.5/5	89/100	5/5	5/5	Feb 2018	1,999	amazon.com
17.		Sony A9 II	..	..	5/5	90/100	5/5	5/5	Oct 2019	4,499	amazon.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The above review scores should be interpreted with care, though. The ratings are only valid when referring to cameras in the same category and of the same age. Thus, a score needs to be put into the context of the launch date and the launch price of the camera, and rating-comparisons among cameras that span long time periods or concern very differently equipped models make little sense. Also, please note that some of the review sites have changed their methodology and reporting over time.

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Other camera comparisons

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