Leica M Typ 240 vs Panasonic FZ150

The Leica M (Typ 240) and the Panasonic Lumix DMC-FZ150 are two digital cameras that were officially introduced, respectively, in September 2012 and August 2011. The M Typ 240 is a rangefinder-focusing mirrorless camera, while the FZ150 is a fixed lens compact. The cameras are based on a full frame (M Typ 240) and a 1/2.3-inch (FZ150) sensor. The Leica has a resolution of 23.7 megapixels, whereas the Panasonic provides 12 MP.

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

Headline Specifications

Leica M Typ 240		Panasonic FZ150
Rangefinder camera		Fixed lens compact camera
Leica M mount lenses		25-600mm f/2.8-5.2
23.7 MP – Full Frame sensor		12 MP – 1/2.3" sensor
1080/25p Video		1080/60p Video
ISO 200-6,400		ISO 100-3,200 (100 - 6,400)
Optical viewfinder		Electronic viewfinder (202k dots)
3.0" LCD – 920k dots		3.0" LCD – 460k dots
Fixed screen (not touch-sensitive)		Swivel screen (not touch-sensitive)
3 shutter flaps per second		12 shutter flaps per second
Weathersealed body		not weather sealed
500 shots per battery charge		410 shots per battery charge
139 x 80 x 42 mm, 680 g		124 x 82 x 92 mm, 528 g

Check M Typ 240 offers at
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Check FZ150 offers at
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Going beyond this snapshot of core features and characteristics, what are the differences between the Leica M (Typ 240) and the Panasonic Lumix DMC-FZ150? 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 Typ 240 and the Panasonic FZ150 are illustrated in the side-by-side display below. The two cameras are presented according to their relative size. Three consecutive views from the front, the top, and the rear side are shown. All width, height and depth measures are rounded to the nearest millimeter.

The M Typ 240 can be obtained in two different colors (black, silver), while the FZ150 is only available in black.

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Panasonic FZ150 is notably smaller (9 percent) than the Leica M Typ 240. It is worth mentioning in this context that the M Typ 240 is splash and dust resistant, while the FZ150 does not feature any corresponding weather-sealing.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the FZ150 has a lens built in, whereas the M Typ 240 is an interchangeable lens camera that requires a separate lens. Attaching the latter will add extra weight and bulk to the setup. You can compare the optics available for the M Typ 240 and their specifications in the Leica M Lens Catalog.

Concerning battery life, the M Typ 240 gets 500 shots out of its Leica BP-SCL2 battery, while the FZ150 can take 410 images on a single charge of its Panasonic DMW-BMB9 power pack.

The following table provides a synthesis of the main physical specifications of the two cameras and other similar ones. 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 Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Sep 2012	6,950	ebay.com
2.		Panasonic FZ150	124 mm	82 mm	92 mm	528 g	410	n	Aug 2011	499	ebay.com
3.		Canon 6D	145 mm	111 mm	71 mm	770 g	1090	Y	Sep 2012	2,099	ebay.com
4.		Canon 6D Mark II	144 mm	111 mm	75 mm	765 g	1200	Y	Jun 2017	1,999	amazon.com
5.		Canon SX40	123 mm	92 mm	108 mm	600 g	380	n	Sep 2011	429	ebay.com
6.		Canon SX50	123 mm	87 mm	106 mm	595 g	315	n	Sep 2012	429	ebay.com
7.		Leica M-E Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Jun 2019	3,999	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 M9	139 mm	80 mm	37 mm	585 g	550	n	Sep 2009	7,999	ebay.com
10.		Leica M10	139 mm	80 mm	39 mm	660 g	210	Y	Jan 2017	6,595	ebay.com
11.		Leica M10-P	139 mm	80 mm	39 mm	660 g	210	Y	Aug 2018	7,995	ebay.com
12.		Leica M10-R	139 mm	80 mm	39 mm	660 g	210	Y	Jul 2020	8,295	ebay.com
13.		Leica M11	139 mm	80 mm	39 mm	640 g	700	Y	Jan 2022	8,995	amazon.com
14.		Leica SL	147 mm	104 mm	39 mm	847 g	400	Y	Oct 2015	7,450	ebay.com
15.		Panasonic FZ100	124 mm	82 mm	92 mm	540 g	410	n	Jul 2010	499	ebay.com
16.		Panasonic FZ200	125 mm	87 mm	110 mm	588 g	540	n	Jul 2012	599	ebay.com
17.		Panasonic LX5	110 mm	65 mm	43 mm	271 g	400	n	Jul 2010	499	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

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 FZ150 was launched at a lower price than the M Typ 240, despite having a lens built in. 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. 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. 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 are more costly to manufacture and tend to lead to bigger and heavier cameras and lenses.

Of the two cameras under consideration, the Leica M Typ 240 features a full frame sensor and the Panasonic FZ150 a 1/2.3-inch sensor. The sensor area in the FZ150 is 97 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 1.0 and 5.6. The sensor in the M Typ 240 has a native 3:2 aspect ratio, while the one in the FZ150 offers a 4:3 aspect.

With 23.7MP, the M Typ 240 offers a higher resolution than the FZ150 (12MP), but the M Typ 240 nevertheless has larger individual pixels (pixel pitch of 6.01μm versus 1.53μm for the FZ150) due to its larger sensor. Moreover, the M Typ 240 is a somewhat more recent model (by 1 year) than the FZ150, and its sensor might have benefitted from technological advances during this time that further enhance the light gathering capacity of its pixels. Coming back to sensor resolution, it should be mentioned that the FZ150 has no anti-alias filter installed, so that it can capture all the detail its sensor resolves.

The resolution advantage of the Leica M Typ 240 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the M 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 Panasonic FZ150 are 20 x 15 inches or 50.8 x 38.1 cm for good quality, 16 x 12 inches or 40.6 x 30.5 cm for very good quality, and 13.3 x 10 inches or 33.9 x 25.4 cm for excellent quality prints.

The Leica M (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 DMC-FZ150 are ISO 100 to ISO 3200, with the possibility to increase the ISO range to 100-6400.

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"). Of the two cameras under review, the M Typ 240 provides substantially higher image quality than the FZ150, with an overall score that is 44 points higher. This advantage is based on 4.6 bits higher color depth, 2.4 EV in additional dynamic range, and 3.8 stops in additional low light sensitivity. 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 Typ 240	Full Frame	23.7	5952	3976	1080/25p	24.0	13.3	1860	84
2.		Panasonic FZ150	1/2.3	12.0	4000	3000	1080/60p	19.4	10.9	132	40
3.		Canon 6D	Full Frame	20.0	5472	3648	1080/30p	23.8	12.1	2340	82
4.		Canon 6D Mark II	Full Frame	26.0	6240	4160	1080/60p	24.4	11.9	2862	85
5.		Canon SX40	1/2.3	12.0	4000	3000	1080/24p	19.6	10.9	409	41
6.		Canon SX50	1/2.3	12.0	4000	3000	1080/24p	20.3	11.2	179	47
7.		Leica M-E Typ 240	Full Frame	23.7	5952	3976	1080/25p	25.2	14.2	2821	94
8.		Leica M Typ 262	Full Frame	23.7	5952	3976	none	24.8	13.7	2478	90
9.		Leica M9	Full Frame	18.1	5212	3472	none	22.5	11.7	884	69
10.		Leica M10	Full Frame	23.8	5952	3992	none	24.4	13.2	2133	86
11.		Leica M10-P	Full Frame	23.8	5952	3992	none	25.1	14.1	2739	93
12.		Leica M10-R	Full Frame	40.9	7864	5200	none	25.3	14.3	2924	95
13.		Leica M11	Full Frame	60.3	9528	6328	none	26.3	14.8	3376	100
14.		Leica SL	Full Frame	24.0	6000	4000	4K/30p	25.0	13.4	1821	88
15.		Panasonic FZ100	1/2.3	14.0	4320	3240	1080/60i	19.4	10.7	306	39
16.		Panasonic FZ200	1/2.3	12.0	4000	3000	1080/60p	19.1	10.8	114	37
17.		Panasonic LX5	1/1.7	10.0	3648	2736	720/60p	19.6	10.8	132	41
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 FZ150 provides a faster frame rate than the M Typ 240. It can shoot movie footage at 1080/60p, 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 FZ150 has an electronic viewfinder (202k dots), while the M 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 table below summarizes some of the other core capabilities of the Leica M Typ 240 and Panasonic FZ150 in connection with corresponding information for a sample of similar 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 Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
2.		Panasonic FZ150	202	n	3.0 / 460	swivel	n	1/2000s	12.0/s	Y	Y
3.		Canon 6D	optical	Y	3.0 / 1040	fixed	n	1/4000s	4.5/s	n	n
4.		Canon 6D Mark II	optical	Y	3.0 / 1040	swivel	Y	1/4000s	6.5/s	n	n
5.		Canon SX40	202	n	2.7 / 230	swivel	n	1/3200s	10.3/s	Y	Y
6.		Canon SX50	202	n	3.0 / 461	swivel	n	1/2000s	2.2/s	Y	Y
7.		Leica M-E Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
8.		Leica M Typ 262	optical	n	3.0 / 921	fixed	n	1/4000s	3.0/s	n	n
9.		Leica M9	optical	n	2.5 / 230	fixed	n	1/4000s	2.0/s	n	n
10.		Leica M10	optical	n	3.0 / 1037	fixed	n	1/4000s	5.0/s	n	n
11.		Leica M10-P	optical	n	3.0 / 1037	fixed	Y	1/4000s	5.0/s	n	n
12.		Leica M10-R	optical	n	3.0 / 1037	fixed	Y	1/4000s	4.5/s	n	n
13.		Leica M11	optical	n	3.0 / 2333	fixed	Y	1/4000s	4.5/s	n	n
14.		Leica SL	4400	Y	3.0 / 1040	fixed	Y	1/8000s	11.0/s	n	n
15.		Panasonic FZ100	202	n	3.0 / 460	swivel	n	1/2000s	11.0/s	Y	Y
16.		Panasonic FZ200	1312	n	3.0 / 460	swivel	n	1/4000s	12.0/s	Y	Y
17.		Panasonic LX5	optional	n	3.0 / 460	fixed	n	1/4000s	2.5/s	Y	Y
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One difference between the cameras concerns the presence of an on-board flash. The FZ150 has one, while the M Typ 240 does not. While the built-in flash of the FZ150 is not very powerful, it can at times be useful as a fill-in light.

Concerning the storage of imaging data, both the M Typ 240 and the FZ150 write their files to SDXC cards. The M Typ 240 supports UHS-I cards (Ultra High Speed data transfer of up to 104 MB/s), while the FZ150 cannot take advantage of Ultra High Speed SD 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 (Typ 240) and Panasonic Lumix DMC-FZ150 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 Typ 240	Y	stereo / mono	-	-	-	2.0	-	-	-
2.		Panasonic FZ150	Y	stereo / -	-	-	mini	2.0	-	-	-
3.		Canon 6D	Y	mono / mono	Y	-	mini	2.0	Y	-	-
4.		Canon 6D Mark II	Y	stereo / mono	Y	-	mini	2.0	Y	Y	Y
5.		Canon SX40	Y	stereo / mono	-	-	YES	2.0	-	-	-
6.		Canon SX50	Y	stereo / mono	-	-	mini	2.0	-	-	-
7.		Leica M-E Typ 240	Y	mono / -	-	-	-	2.0	-	-	-
8.		Leica M Typ 262	Y	- / -	-	-	-	2.0	-	-	-
9.		Leica M9	Y	- / -	-	-	-	2.0	-	-	-
10.		Leica M10	Y	- / -	-	-	-	-	Y	-	-
11.		Leica M10-P	Y	- / -	-	-	-	-	Y	-	-
12.		Leica M10-R	Y	- / -	-	-	-	-	Y	-	-
13.		Leica M11	Y	- / -	-	-	-	3.2	Y	-	Y
14.		Leica SL	Y	stereo / mono	Y	Y	full	3.0	Y	-	-
15.		Panasonic FZ100	Y	stereo / mono	-	-	mini	2.0	-	-	-
16.		Panasonic FZ200	Y	stereo / mono	Y	-	mini	2.0	-	-	-
17.		Panasonic LX5	Y	mono / mono	-	-	mini	2.0	-	-	-

Both the M Typ 240 and the FZ150 have been discontinued, but can regularly be found used on ebay. The FZ150 was replaced by the Panasonic FZ200, while the M Typ 240 was followed by the Leica M Typ 262. Further information on the features and operation of the M Typ 240 and FZ150 can be found, respectively, in the Leica M Typ 240 Manual (free pdf) or the online Panasonic FZ150 Manual.

Review summary

So how do things add up? Is there a clear favorite between the Leica M Typ 240 and the Panasonic FZ150? Which camera is better? The listing below highlights the relative strengths of the two models.

Advantages of the Leica M (Typ 240):

• More detail: Offers more megapixels (23.7 vs 12MP) with a 43% higher linear resolution.
• Better moiré control: Has an anti-alias filter to avoid artificial patterns to appear in images.
• Better image quality: Scores substantially higher (44 points) in the DXO overall assessment.
• Richer colors: Generates images with noticeably better colors (4.6 bits more color depth).
• More dynamic range: Captures a larger spectrum of light and dark details (2.4 EV of extra DR).
• Better low-light sensitivity: Requires less light for good images (3.8 stops ISO advantage).
• Brighter framing: Features an optical viewfinder for clear, lag-free composition.
• More detailed LCD: Has a higher resolution rear screen (920k vs 460k dots).
• Faster shutter: Has higher mechanical shutter speed (1/4000s vs 1/2000s) to freeze action.
• More flexible: Accepts interchangeable lenses, so that lens characteristics can be altered.
• Longer lasting: Can take more shots (500 versus 410) on a single battery charge.
• Better sealing: Is weather sealed to enable shooting in dusty or wet environments.
• Faster buffer clearing: Has an SD card interface that supports the UHS-I standard.
• More prestigious: Has the Leica luxury appeal, which ensures a high resale price.
• More modern: Is somewhat more recent (announced 1 year after the FZ150).

Reasons to prefer the Panasonic Lumix DMC-FZ150:

• Maximized detail: Lacks an anti-alias filter to exploit the sensor's full resolution potential.
• Better video: Provides higher movie framerates (1080/60p versus 1080/25p).
• More framing info: Has an electronic viewfinder that displays shooting data.
• More flexible LCD: Has a swivel screen for odd-angle shots in portrait or landscape orientation.
• More selfie-friendly: Has an articulated screen that can be turned to be front-facing.
• Faster burst: Shoots at higher frequency (12 vs 3 flaps/sec) to capture the decisive moment.
• Ready to shoot: Has an integrated lens, whereas the M Typ 240 necessitates an extra lens.
• Less heavy: Has a lower weight even though it has a lens built in (unlike the M Typ 240).
• Sharper images: Has stabilization technology built-in to reduce the impact of hand-shake.
• Easier fill-in: Has a small integrated flash to brighten shadows of backlit subjects.
• More affordable: Was introduced at a lower price, despite coming with a built-in lens.
• More heavily discounted: Has been on the market for longer (launched in August 2011).

If the count of individual advantages (bullet points above) is taken as a guide, the M Typ 240 emerges as the winner of the contest (15 : 12 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 remains incomplete and does no justice, for example, to the way the M Typ 240 or the FZ150 perform in practice. 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 hands-on reviews by experts are important. The adjacent summary-table relays the overall verdicts of several of the most popular 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 Typ 240	4/5	..	..	..	4/5	..	Sep 2012	6,950	ebay.com
2.		Panasonic FZ150	3/5	+ +	..	76/100	4/5	4.5/5	Aug 2011	499	ebay.com
3.		Canon 6D	5/5	+ +	..	83/100	4.5/5	4.5/5	Sep 2012	2,099	ebay.com
4.		Canon 6D Mark II	4/5	+	4/5	80/100	4.5/5	4/5	Jun 2017	1,999	amazon.com
5.		Canon SX40	..	+	..	..	4.5/5	4/5	Sep 2011	429	ebay.com
6.		Canon SX50	3/5	+ +	..	72/100	4.5/5	4.5/5	Sep 2012	429	ebay.com
7.		Leica M-E Typ 240	..	..	..	..	..	..	Jun 2019	3,999	ebay.com
8.		Leica M Typ 262	..	..	..	..	..	..	Nov 2015	5,195	ebay.com
9.		Leica M9	..	..	..	..	4.5/5	..	Sep 2009	7,999	ebay.com
10.		Leica M10	4.5/5	..	..	..	4/5	4.5/5	Jan 2017	6,595	ebay.com
11.		Leica M10-P	..	..	3/5	..	..	4/5	Aug 2018	7,995	ebay.com
12.		Leica M10-R	4.5/5	..	4/5	..	..	4/5	Jul 2020	8,295	ebay.com
13.		Leica M11	4.5/5	..	4.5/5	..	4.5/5	4.5/5	Jan 2022	8,995	amazon.com
14.		Leica SL	4/5	..	4/5	84/100	4.5/5	4/5	Oct 2015	7,450	ebay.com
15.		Panasonic FZ100	..	+	..	..	4.5/5	4.5/5	Jul 2010	499	ebay.com
16.		Panasonic FZ200	3/5	+ +	..	80/100	4.5/5	4.5/5	Jul 2012	599	ebay.com
17.		Panasonic LX5	4/5	+	..	73/100	4.5/5	4.5/5	Jul 2010	499	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

Care should be taken when interpreting the review scores above, though. The ratings were established in reference to similarly priced cameras that were available in the market at the time of the review. Hence, a score should always be seen in the context of the camera's market launch date and its price, 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.

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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 a corresponding selection in the search boxes below. Alternatively, you can follow any of the listed hyperlinks for comparisons that others found interesting.

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