Leica M-E Typ 240 vs Panasonic S5

The Leica M-E (Typ 240) and the Panasonic Lumix DC-S5 are two enthusiast cameras that were officially introduced, respectively, in June 2019 and September 2020. The M-E Typ 240 is a rangefinder-focusing mirrorless, while the S5 is a mirrorless interchangeable lens camera. Both cameras are equipped with a full frame sensor. The Leica has a resolution of 23.7 megapixels, whereas the Panasonic provides 24 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		Panasonic S5
Rangefinder camera		Mirrorless system camera
Leica M mount lenses		Leica L mount lenses
23.7 MP – Full Frame sensor		24 MP – Full Frame sensor
1080/25p Video		4K/60p Video
ISO 200-6,400		ISO 100-51,200 (50 - 204,800)
Optical viewfinder		Electronic viewfinder (2360k dots)
3.0" LCD – 920k dots		3.0" LCD – 1840k dots
Fixed screen (not touch-sensitive)		Swivel touchscreen
3 shutter flaps per second		7 shutter flaps per second
no shake reduction		In-body stabilization
Weathersealed body		Weathersealed body
500 shots per battery charge		440 shots per battery charge
139 x 80 x 42 mm, 680 g		133 x 98 x 82 mm, 714 g

Check M-E Typ 240 offers at
ebay.com
Check S5 price at
amazon.com

Going beyond this snapshot of core features and characteristics, what are the differences between the Leica M-E (Typ 240) and the Panasonic Lumix DC-S5? 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 physical size and weight of the Leica M-E Typ 240 and the Panasonic S5 are illustrated in the side-by-side display below. 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.

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Panasonic S5 is notably larger (17 percent) than the Leica M-E Typ 240. Moreover, the S5 is markedly heavier (5 percent) than the M-E Typ 240. In this context, it is worth noting that both cameras are splash and dust-proof and can, hence, be used in inclement weather conditions or harsh environments.

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. Hence, you might want to study and compare the specifications of available lenses in order to get the full picture of the size and weight of the two camera systems.

Concerning battery life, the M-E Typ 240 gets 500 shots out of its Leica BP-SCL2 battery, while the S5 can take 440 images on a single charge of its Panasonic DMW-BLK22 power pack. The power pack in the S5 can be charged via the USB port, which can be very convenient when travelling.

The following table provides a synthesis of the main physical specifications of the two cameras and other similar ones. In case you want to display and compare another camera duo, you can use the CAM-parator app to select your camera combination among a large number of options.

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.		Panasonic S5	133 mm	98 mm	82 mm	714 g	440	Y	Sep 2020	1,999	amazon.com
3.		Leica M11	139 mm	80 mm	39 mm	640 g	700	Y	Jan 2022	8,995	amazon.com
4.		Leica M10-R	139 mm	80 mm	39 mm	660 g	210	Y	Jul 2020	8,295	ebay.com
5.		Leica Q2	130 mm	80 mm	92 mm	718 g	370	Y	Mar 2019	4,995	amazon.com
6.		Leica M10-P	139 mm	80 mm	39 mm	660 g	210	Y	Aug 2018	7,995	ebay.com
7.		Leica M10	139 mm	80 mm	39 mm	660 g	210	Y	Jan 2017	6,595	ebay.com
8.		Leica M Typ 262	139 mm	80 mm	42 mm	680 g	400	Y	Nov 2015	5,195	ebay.com
9.		Leica Q Typ 116	130 mm	80 mm	93 mm	640 g	300	n	Jun 2015	4,249	ebay.com
10.		Leica M Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Sep 2012	6,950	ebay.com
11.		Nikon Z6 II	134 mm	101 mm	70 mm	705 g	410	Y	Oct 2020	1,999	amazon.com
12.		Panasonic S5 II	134 mm	102 mm	90 mm	740 g	370	Y	Jan 2023	1,999	amazon.com
13.		Panasonic GH5 II	139 mm	98 mm	87 mm	727 g	400	Y	May 2021	1,699	amazon.com
14.		Panasonic GH5	139 mm	98 mm	87 mm	725 g	410	Y	Jan 2017	1,999	ebay.com
15.		Sony A9 II	129 mm	96 mm	76 mm	678 g	690	Y	Oct 2019	4,499	amazon.com
16.		Sony A7 III	127 mm	96 mm	74 mm	650 g	610	Y	Feb 2018	1,999	amazon.com
17.		Sony A7 II	127 mm	96 mm	60 mm	599 g	350	Y	Nov 2014	1,999	ebay.com
Note: Measurements and pricing do not include easily detachable parts, such as add-on or interchangeable lenses or optional viewfinders.
Convert to Imperial

The price is, of course, an important factor in any camera decision. The manufacturer’s suggested retail prices give an idea on the placement of the camera in the maker’s lineup and the broader market. The S5 was launched at a markedly lower price (by 50 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 size of the imaging sensor is a crucial determinant of image quality. A large sensor will generally have larger individual pixels that offer better low-light sensitivity, provide wider dynamic range, and have richer color-depth than smaller pixels in a sensor of the same technological generation. Moreover, a large sensor camera will give the photographer more control over depth-of-field in the image and, thus, the ability to better isolate a subject from the background. On the downside, larger sensors are more costly to manufacture and tend to lead to bigger and heavier cameras and lenses.

Both cameras under consideration feature a full frame sensor, but their sensors differ slightly in size. The sensor area in the S5 is 1 percent smaller. They nevertheless have the same format factor of 1.0. Both cameras have a native aspect ratio (sensor width to sensor height) of 3:2.

Despite having a slightly smaller sensor, the S5 offers a slightly higher resolution of 24 megapixels, compared with 23.7 MP of the M-E Typ 240. This megapixels advantage comes at the cost of a higher pixel density and a smaller size of the individual pixel (with a pixel pitch of 5.94μm versus 6.01μm for the M-E Typ 240). However, it should be noted that the S5 is a somewhat more recent model (by 1 year and 2 months) than the M-E Typ 240, and its sensor might have benefitted from technological advances during this time that partly offset its pixel-size disadvantage. Coming back to sensor resolution, it should be mentioned that the S5 has no anti-alias filter installed, so that it can capture all the detail its sensor resolves.

Unlike the M-E Typ 240, the S5 has the capacity to capture high quality composite images (96MP) by combining multiple shots after shifting its sensor by miniscule distances. This multi-shot, pixel-shift mode is most suitable for photography of stationary objects (landscapes, studio scenes).

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 Panasonic Lumix DC-S5 are ISO 100 to ISO 51200, with the possibility to increase the ISO range to 50-204800.

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.

Consistent information on actual sensor performance is available from DXO Mark for many cameras. 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 following table provides an overview of the physical sensor characteristics, as well as the sensor quality measurements for a selection of comparators.

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.		Panasonic S5	Full Frame	24.0	6000	4000	4K/60p	25.1	14.5	2697	94
3.		Leica M11	Full Frame	60.3	9528	6328	none	26.3	14.8	3376	100
4.		Leica M10-R	Full Frame	40.9	7864	5200	none	25.3	14.3	2924	95
5.		Leica Q2	Full Frame	46.7	8368	5584	4K/30p	26.4	13.5	2491	96
6.		Leica M10-P	Full Frame	23.8	5952	3992	none	25.1	14.1	2739	93
7.		Leica M10	Full Frame	23.8	5952	3992	none	24.4	13.2	2133	86
8.		Leica M Typ 262	Full Frame	23.7	5952	3976	none	24.8	13.7	2478	90
9.		Leica Q Typ 116	Full Frame	24.0	6000	4000	1080/60p	24.3	12.7	2221	85
10.		Leica M Typ 240	Full Frame	23.7	5952	3976	1080/25p	24.0	13.3	1860	84
11.		Nikon Z6 II	Full Frame	24.3	6048	4024	4K/60p	25.0	14.4	3303	94
12.		Panasonic S5 II	Full Frame	24.0	6000	4000	6K/30p	25.4	14.6	3158	96
13.		Panasonic GH5 II	Four Thirds	20.2	5184	3888	4K/60p	23.7	13.1	1136	79
14.		Panasonic GH5	Four Thirds	20.2	5184	3888	4K/60p	23.9	13.0	807	77
15.		Sony A9 II	Full Frame	24.0	6000	4000	4K/30p	25.0	14.0	3434	93
16.		Sony A7 III	Full Frame	24.0	6000	4000	4K/30p	25.0	14.7	3730	96
17.		Sony A7 II	Full Frame	24.0	6000	4000	1080/60p	24.9	13.6	2449	90
Note: DXO values in italics represent estimates based on sensor size and age.

Many modern cameras cannot only take still pictures, but also record videos. The two cameras under consideration both have sensors whose read-out speed is fast enough to capture moving pictures, but the S5 provides a better video resolution than the M-E Typ 240. It can shoot movie footage at 4K/60p, while the Leica is limited to 1080/25p.

Feature comparison

Apart from body and sensor, cameras can and do differ across a variety of features. For example, the S5 has an electronic viewfinder (2360k dots), while the M-E Typ 240 has an optical one. Both systems have their advantages, with the electronic viewfinder making it possible to project supplementary shooting information into the framing view, whereas the optical viewfinder offers lag-free viewing and a very clear framing image. The viewfinders of both cameras offer the same field of view (100%), but the viewfinder of the S5 has a higher magnification than the one of the M-E Typ 240 (0.74x vs 0.68x), so that the size of the image transmitted appears closer to the size seen with the naked human eye. The adjacent table lists some of the other core features of the Leica M-E Typ 240 and Panasonic S5 along with similar information for a selection of comparators.

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.		Panasonic S5	2360	n	3.0 / 1840	swivel	Y	1/8000s	7.0/s	n	Y
3.		Leica M11	optical	n	3.0 / 2333	fixed	Y	1/4000s	4.5/s	n	n
4.		Leica M10-R	optical	n	3.0 / 1037	fixed	Y	1/4000s	4.5/s	n	n
5.		Leica Q2	3680	n	3.0 / 1040	fixed	Y	1/2000s	10.0/s	n	Y
6.		Leica M10-P	optical	n	3.0 / 1037	fixed	Y	1/4000s	5.0/s	n	n
7.		Leica M10	optical	n	3.0 / 1037	fixed	n	1/4000s	5.0/s	n	n
8.		Leica M Typ 262	optical	n	3.0 / 921	fixed	n	1/4000s	3.0/s	n	n
9.		Leica Q Typ 116	3680	n	3.0 / 1040	fixed	Y	1/2000s	10.0/s	n	Y
10.		Leica M Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
11.		Nikon Z6 II	3690	Y	3.2 / 2100	tilting	Y	1/8000s	14.0/s	n	Y
12.		Panasonic S5 II	3680	n	3.0 / 1840	swivel	Y	1/8000s	9.0/s	n	Y
13.		Panasonic GH5 II	3680	n	3.0 / 1840	swivel	Y	1/8000s	12.0/s	n	Y
14.		Panasonic GH5	3680	n	3.2 / 1620	swivel	Y	1/8000s	12.0/s	n	Y
15.		Sony A9 II	3686	n	3.0 / 1440	tilting	Y	1/8000s	20.0/s	n	Y
16.		Sony A7 III	2359	n	3.0 / 922	tilting	Y	1/8000s	10.0/s	n	Y
17.		Sony A7 II	2400	n	3.0 / 1230	tilting	n	1/8000s	5.0/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 S5 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.

The reported shutter speed information refers to the use of the mechanical shutter. Yet, some cameras only have an electronic shutter, while others have an electronic shutter in addition to a mechanical one. In fact, the S5 is one of those camera that have an additional electronic shutter, which makes completely silent shooting possible. However, this mode is less suitable for photographing moving objects (risk of rolling shutter) or shooting under artificial light sources (risk of flickering).

The Panasonic S5 has an intervalometer built-in. This enables the photographer to capture time lapse sequences, such as flower blooming, a sunset or moon rise, without purchasing an external camera trigger and related software.

Concerning the storage of imaging data, both the M-E Typ 240 and the S5 write their files to SDXC cards. The S5 features dual card slots, which can be very useful in case a memory card fails. In contrast, the M-E Typ 240 only has one slot. The S5 supports UHS-II cards (on its first slot), while the M-E Typ 240 can use UHS-I cards.

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 Panasonic Lumix DC-S5 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.		Panasonic S5	Y	stereo / mono	Y	Y	micro	3.2	Y	-	Y
3.		Leica M11	Y	- / -	-	-	-	3.2	Y	-	Y
4.		Leica M10-R	Y	- / -	-	-	-	-	Y	-	-
5.		Leica Q2	Y	stereo / mono	-	-	-	-	Y	-	Y
6.		Leica M10-P	Y	- / -	-	-	-	-	Y	-	-
7.		Leica M10	Y	- / -	-	-	-	-	Y	-	-
8.		Leica M Typ 262	Y	- / -	-	-	-	2.0	-	-	-
9.		Leica Q Typ 116	Y	stereo / mono	-	-	micro	2.0	Y	Y	-
10.		Leica M Typ 240	Y	stereo / mono	-	-	-	2.0	-	-	-
11.		Nikon Z6 II	Y	stereo / mono	Y	Y	micro	3.2	Y	-	Y
12.		Panasonic S5 II	Y	stereo / mono	Y	Y	full	3.2	Y	-	Y
13.		Panasonic GH5 II	Y	stereo / mono	Y	Y	full	3.2	Y	-	Y
14.		Panasonic GH5	Y	stereo / mono	Y	Y	full	3.1	Y	-	Y
15.		Sony A9 II	Y	stereo / mono	Y	Y	micro	3.1	Y	Y	Y
16.		Sony A7 III	Y	stereo / mono	Y	Y	micro	3.1	Y	Y	Y
17.		Sony A7 II	Y	stereo / mono	Y	Y	micro	2.0	Y	Y	-

It is notable that the S5 offers wifi support, which can be a very convenient means to transfer image data to an off-camera location. In contrast, the M-E Typ 240 does not provide wifi capability.

The S5 is a recent model that features in the current product line-up of Panasonic. In contrast, the M-E Typ 240 has been discontinued (but can be found pre-owned on ebay). There has not been a direct replacement model for the M-E Typ 240 from Leica. Further information on the two cameras (e.g. user guides, manuals), as well as related accessories, can be found on the official Leica and Panasonic websites.

Review summary

So how do things add up? Which of the two cameras – the Leica M-E Typ 240 or the Panasonic S5 – has the upper hand? Is one clearly better than the other? A synthesis of the relative strong points of each of the models is listed below.

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

• Better moiré control: Has an anti-alias filter to avoid artificial patterns to appear in images.
• Brighter framing: Features an optical viewfinder for clear, lag-free composition.
• More compact: Is smaller (139x80mm vs 133x98mm) and thus needs less room in the bag.
• Longer lasting: Can take more shots (500 versus 440) on a single battery charge.
• More prestigious: Has the Leica luxury appeal, which ensures a high resale price.
• More heavily discounted: Has been on the market for longer (launched in June 2019).

Advantages of the Panasonic Lumix DC-S5:

• Maximized detail: Lacks an anti-alias filter to exploit the sensor's full resolution potential.
• High quality composites: Can combine several shots after pixel-shifting its sensor.
• Better video: Provides higher definition movie capture (4K/60p vs 1080/25p).
• Better sound: Can connect to an external microphone for higher quality sound recording.
• Better sound control: Has a headphone port that enables audio monitoring while recording.
• More framing info: Has an electronic viewfinder that displays shooting data.
• Larger viewfinder image: Features a viewfinder with a higher magnification (0.74x vs 0.68x).
• More detailed LCD: Has a higher resolution rear screen (1840k vs 920k dots).
• More flexible LCD: Has a swivel screen for odd-angle shots in portrait or landscape orientation.
• Fewer buttons to press: Has a touchscreen to facilitate handling and shooting adjustments.
• More selfie-friendly: Has an articulated screen that can be turned to be front-facing.
• Faster shutter: Has higher mechanical shutter speed (1/8000s vs 1/4000s) to freeze action.
• Faster burst: Shoots at higher frequency (7 vs 3 flaps/sec) to capture the decisive moment.
• Less disturbing: Has an electronic shutter option for completely silent shooting.
• Easier time-lapse photography: Has an intervalometer built-in for low frequency shooting.
• Easier travel charging: Can be conveniently charged via its USB port.
• Sharper images: Has stabilization technology built-in to reduce the impact of hand-shake.
• Faster data transfer: Supports a more advanced USB protocol (3.2 vs 2.0).
• Easier file upload: Has wifi built in for automatic backup or image transfer to the web.
• Easier wireless transfer: Supports Bluetooth for image sharing without cables.
• Greater peace of mind: Features a second card slot as a backup in case of memory card failure.
• Faster buffer clearing: Supports a more advanced SD data transfer standard (UHS-II vs UHS-I).
• More affordable: Was introduced into a lower priced category (50 percent cheaper at launch).
• More modern: Was introduced somewhat (1 year and 2 months) more recently.

If the count of individual advantages (bullet points above) is taken as a guide, the S5 is the clear winner of the contest (24 : 6 points). However, the pertinence of the various camera strengths will differ across photographers, so that you might want to weigh individual camera traits according to their importance for your own imaging needs before making a camera decision. A professional wedding photographer will view the differences between cameras in a way that diverges from the perspective of a travel photog, and a person interested in cityscapes has distinct needs from a macro 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 S5 in practical situations. User reviews, such as those found at amazon, can sometimes inform about these issues, but such feedback is often incomplete, inconsistent, and biased.

Expert reviews

This is why expert reviews are important. The table below provides a synthesis of the camera assessments of some of the best known photo-gear 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.		Panasonic S5	4.5/5	+ +	4.5/5	88/100	4.5/5	4.5/5	Sep 2020	1,999	amazon.com
3.		Leica M11	4.5/5	..	4.5/5	..	4.5/5	4.5/5	Jan 2022	8,995	amazon.com
4.		Leica M10-R	4.5/5	..	4/5	..	..	4/5	Jul 2020	8,295	ebay.com
5.		Leica Q2	..	..	4.5/5	84/100	4.5/5	4/5	Mar 2019	4,995	amazon.com
6.		Leica M10-P	..	..	3/5	..	..	4/5	Aug 2018	7,995	ebay.com
7.		Leica M10	4.5/5	..	..	..	4/5	4.5/5	Jan 2017	6,595	ebay.com
8.		Leica M Typ 262	..	..	..	..	..	..	Nov 2015	5,195	ebay.com
9.		Leica Q Typ 116	5/5	..	..	80/100	4.5/5	4.5/5	Jun 2015	4,249	ebay.com
10.		Leica M Typ 240	4/5	..	..	..	4/5	..	Sep 2012	6,950	ebay.com
11.		Nikon Z6 II	4.5/5	..	4/5	89/100	4.5/5	4.5/5	Oct 2020	1,999	amazon.com
12.		Panasonic S5 II	4.5/5	+ +	5/5	90/100	4.5/5	5/5	Jan 2023	1,999	amazon.com
13.		Panasonic GH5 II	4.5/5	..	4.5/5	85/100	4.5/5	5/5	May 2021	1,699	amazon.com
14.		Panasonic GH5	4.5/5	+ +	..	85/100	4.5/5	5/5	Jan 2017	1,999	ebay.com
15.		Sony A9 II	..	..	5/5	90/100	5/5	5/5	Oct 2019	4,499	amazon.com
16.		Sony A7 III	..	+ +	4.5/5	89/100	5/5	5/5	Feb 2018	1,999	amazon.com
17.		Sony A7 II	5/5	+	4/5	82/100	4.5/5	5/5	Nov 2014	1,999	ebay.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. A score, therefore, has to be seen in close connection to the price and market introduction time of the camera, and comparisons of ratings among very different cameras or across long time periods have little meaning. It should also be noted that some of the review sites have over time altered the way they render their verdicts.

Check M-E Typ 240 offers at
ebay.com
Check S5 price at
amazon.com

Other camera comparisons

Did this review help to inform your camera decision process? In case you are interested in seeing how other cameras pair up, just make your choice using the following search menu. As an alternative, you can also directly jump to any one of the listed comparisons that were previously generated by the CAM-parator tool.

~

Check M-E Typ 240 offers at
ebay.com
Check S5 price at
amazon.com

Did you notice an error on this page? If so, please get in touch, so that we can correct the information.