Olympus E-5 vs Panasonic GH4

The Olympus E-5 and the Panasonic Lumix DMC-GH4 are two digital cameras that were officially introduced, respectively, in September 2010 and February 2014. The E-5 is a DSLR, while the GH4 is a mirrorless interchangeable lens camera. Both cameras are equipped with a Four Thirds sensor. The Olympus has a resolution of 12.2 megapixels, whereas the Panasonic 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

Olympus E-5		Panasonic GH4
Digital single lens reflex		Mirrorless system camera
Four Thirds lenses		Micro Four Thirds lenses
12.2 MP – Four Thirds sensor		15.9 MP – Four Thirds sensor
720/30p Video		4K/30p Video
ISO 100-6,400		ISO 200-25,600
Optical viewfinder		Electronic viewfinder (2359k dots)
3.0" LCD – 920k dots		3.0" LCD – 1036k dots
Swivel screen (not touch-sensitive)		Swivel touchscreen
5 shutter flaps per second		12 shutter flaps per second
In-body stabilization		Lens stabilization only
Weathersealed body		Weathersealed body
750 shots per battery charge		500 shots per battery charge
142 x 117 x 75 mm, 873 g		133 x 93 x 84 mm, 560 g

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Going beyond this snapshot of core features and characteristics, what are the differences between the Olympus E-5 and the Panasonic Lumix DMC-GH4? 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 Olympus E-5 and the Panasonic GH4 are illustrated in the side-by-side display below. The two cameras are presented according to their relative size. Three successive views from the front, the top, and the rear are shown. All width, height and depth measures 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 GH4 is notably smaller (26 percent) than the Olympus E-5. Moreover, the GH4 is substantially lighter (36 percent) than the E-5. 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. Both cameras have similarly sized sensors, but DSLRs have a larger flange-to-focal plane distance than mirrorless cameras, which imposes contraints on the optical engineering process and generally leads to bigger and heavier lenses. You can compare the optics available for the two cameras in the Four Thirds Lens Catalog (E-5) and the Micro Four Thirds Lens Catalog (GH4). Mirrorless cameras, such as the GH4, have moreover the advantage that they can use many lenses from other systems via adapters, as they have a relatively short flange to focal plane distance.

Concerning battery life, the E-5 gets 750 shots out of its Olympus BLM-5 battery, while the GH4 can take 500 images on a single charge of its Panasonic DMW-BLF19 power pack.

The following table provides a synthesis of the main physical specifications of the two cameras and other similar ones. If you want to switch the focus of the display and review another camera pair, you can move across to the CAM-parator tool and choose from the broad selection of possible camera comparisons 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.		Olympus E-5	142 mm	117 mm	75 mm	873 g	750	Y	Sep 2010	1,699	ebay.com
2.		Panasonic GH4	133 mm	93 mm	84 mm	560 g	500	Y	Feb 2014	1,499	ebay.com
3.		Olympus E-1	141 mm	104 mm	81 mm	738 g	750	Y	Jun 2003	1,699	ebay.com
4.		Olympus E-3	142 mm	116 mm	75 mm	876 g	750	Y	Oct 2007	1,699	ebay.com
5.		Olympus E-30	142 mm	108 mm	75 mm	701 g	750	n	Nov 2008	1,299	ebay.com
6.		Olympus E-510	136 mm	92 mm	68 mm	538 g	750	n	Mar 2007	799	ebay.com
7.		Olympus E-520	136 mm	92 mm	68 mm	535 g	750	n	May 2008	699	ebay.com
8.		Olympus E-600	130 mm	94 mm	60 mm	535 g	500	n	Aug 2009	449	ebay.com
9.		Olympus E-620	130 mm	94 mm	60 mm	521 g	500	n	Feb 2009	699	ebay.com
10.		Olympus E-M1	130 mm	94 mm	63 mm	497 g	350	Y	Sep 2013	1,399	ebay.com
11.		Olympus E-M5 II	124 mm	85 mm	45 mm	469 g	310	Y	Feb 2015	1,099	ebay.com
12.		Olympus E-P1	121 mm	70 mm	36 mm	355 g	300	n	Jun 2009	799	ebay.com
13.		Olympus E-P2	121 mm	70 mm	36 mm	355 g	300	n	Nov 2009	799	ebay.com
14.		Olympus E-PL1	115 mm	72 mm	42 mm	334 g	290	n	Feb 2010	599	ebay.com
15.		Panasonic G6	122 mm	85 mm	71 mm	390 g	340	n	Apr 2013	599	ebay.com
16.		Panasonic GH3	133 mm	93 mm	82 mm	550 g	540	Y	Sep 2012	1,299	ebay.com
17.		Panasonic GH5	139 mm	98 mm	87 mm	725 g	410	Y	Jan 2017	1,999	ebay.com
Note: Measurements and pricing do not include easily detachable parts, such as add-on or interchangeable lenses or optional viewfinders.
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Any camera decision will naturally be influenced heavily by the price. 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 GH4 was launched at a somewhat lower price (by 12 percent) than the E-5, which makes it more attractive for photographers on a tight budget. 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.

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 tend to have larger individual pixels that provide better low-light sensitivity, wider dynamic range, and richer color-depth than smaller pixel-units 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 more expensive and lead to bigger and heavier cameras and lenses.

Both cameras under consideration feature a Four Thirds sensor and have a format factor (sometimes also referred to as "crop factor") of 2.0. Within the spectrum of camera sensors, this places the review cameras among the medium-sized sensor cameras that aim to strike a balance between image quality and portability. Both cameras feature a native aspect ratio (sensor width to sensor height) of 4:3.

While the two cameras under review share the same sensor size, the GH4 offers a higher resolution of 15.9 megapixels, compared with 12.2 MP of the E-5. This megapixels advantage translates into a 14 percent gain in linear resolution. On the other hand, these sensor specs imply that the GH4 has a higher pixel density and a smaller size of the individual pixel (with a pixel pitch of 3.76μm versus 4.29μm for the E-5). However, it should be noted that the GH4 is much more recent (by 3 years and 4 months) than the E-5, and its sensor will have benefitted from technological advances during this time that compensate for the smaller pixel size.

The resolution advantage of the Panasonic GH4 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the GH4 for good quality output (200 dots per inch) amounts to 23 x 17.3 inches or 58.5 x 43.9 cm, for very good quality (250 dpi) 18.4 x 13.8 inches or 46.8 x 35.1 cm, and for excellent quality (300 dpi) 15.4 x 11.5 inches or 39 x 29.3 cm. The corresponding values for the Olympus E-5 are 20.2 x 15.1 inches or 51.2 x 38.4 cm for good quality, 16.1 x 12.1 inches or 41 x 30.7 cm for very good quality, and 13.4 x 10.1 inches or 34.1 x 25.6 cm for excellent quality prints.

The Olympus E-5 has a native sensitivity range from ISO 100 to ISO 6400. The corresponding ISO settings for the Panasonic Lumix DMC-GH4 are ISO 200 to ISO 25600, with the possibility to increase the ISO range to 100-25600.

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.

For many cameras, data on sensor performance has been reported by DXO Mark. 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 consideration, the GH4 offers substantially better image quality than the E-5 (overall score 18 points higher). The advantage is based on 1.6 bits higher color depth, 2.3 EV in additional dynamic range, and 0.6 stops in additional low light sensitivity. The table below summarizes the physical sensor characteristics and sensor quality findings and compares them across a set of similar cameras.

Sensor Characteristics

		Camera Model	Sensor Class	Resolution (MP)	Horiz. Pixels	Vert. Pixels	Video Format	DXO Portrait	DXO Landscape	DXO Sports	DXO Overall
1.		Olympus E-5	Four Thirds	12.2	4032	3024	720/30p	21.6	10.5	519	56
2.		Panasonic GH4	Four Thirds	15.9	4608	3456	4K/30p	23.2	12.8	791	74
3.		Olympus E-1	Four Thirds	4.9	2560	1920	none	20.0	9.7	-145	44
4.		Olympus E-3	Four Thirds	10.0	3648	2736	none	21.6	10.5	571	56
5.		Olympus E-30	Four Thirds	12.2	4032	3024	none	21.3	10.4	530	55
6.		Olympus E-510	Four Thirds	10.0	3648	2736	none	21.2	10.0	442	52
7.		Olympus E-520	Four Thirds	10.0	3648	2736	none	21.4	10.4	548	55
8.		Olympus E-600	Four Thirds	12.2	4032	3024	none	21.5	10.3	541	55
9.		Olympus E-620	Four Thirds	12.2	4032	3024	none	21.3	10.3	536	55
10.		Olympus E-M1	Four Thirds	15.9	4608	3456	1080/30p	23.0	12.7	757	73
11.		Olympus E-M5 II	Four Thirds	15.9	4608	3456	1080/60p	23.0	12.5	842	73
12.		Olympus E-P1	Four Thirds	12.2	4032	3024	720/30p	21.4	10.4	536	55
13.		Olympus E-P2	Four Thirds	12.2	4032	3024	720/30p	21.5	10.4	505	56
14.		Olympus E-PL1	Four Thirds	12.2	4032	3024	720/30p	21.5	10.1	487	54
15.		Panasonic G6	Four Thirds	15.9	4608	3456	1080/60p	21.3	11.5	639	61
16.		Panasonic GH3	Four Thirds	15.9	4608	3456	1080/60p	22.7	12.4	812	71
17.		Panasonic GH5	Four Thirds	20.2	5184	3888	4K/60p	23.9	13.0	807	77
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 also of capturing video footage. The two cameras under consideration both have sensors whose read-out speed is fast enough to capture moving pictures, but the GH4 provides a better video resolution than the E-5. It can shoot movie footage at 4K/30p, while the Olympus is limited to 720/30p.

Feature comparison

Apart from body and sensor, cameras can and do differ across a variety of features. For example, the GH4 has an electronic viewfinder (2359k dots), while the E-5 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 GH4 has a higher magnification than the one of the E-5 (0.67x vs 0.58x), so that the size of the image transmitted appears closer to the size seen with the naked human eye. The following table reports on some other key feature differences and similarities of the Olympus E-5, the Panasonic GH4, 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.		Olympus E-5	optical	Y	3.0 / 920	swivel	n	1/8000s	5.0/s	Y	Y
2.		Panasonic GH4	2359	n	3.0 / 1036	swivel	Y	1/8000s	12.0/s	Y	n
3.		Olympus E-1	optical	Y	1.8 / 134	fixed	n	1/4000s	3.0/s	n	n
4.		Olympus E-3	optical	Y	2.5 / 230	swivel	n	1/8000s	5.0/s	Y	Y
5.		Olympus E-30	optical	Y	2.7 / 230	swivel	n	1/8000s	5.0/s	Y	Y
6.		Olympus E-510	optical	n	2.5 / 215	fixed	n	1/4000s	3.0/s	Y	Y
7.		Olympus E-520	optical	n	2.7 / 215	fixed	n	1/4000s	3.5/s	Y	Y
8.		Olympus E-600	optical	n	2.7 / 230	swivel	n	1/4000s	4.0/s	Y	Y
9.		Olympus E-620	optical	n	2.7 / 230	swivel	n	1/4000s	4.0/s	Y	Y
10.		Olympus E-M1	2360	n	3.0 / 1037	tilting	Y	1/8000s	10.0/s	n	Y
11.		Olympus E-M5 II	2360	n	3.0 / 1037	swivel	Y	1/8000s	10.0/s	n	Y
12.		Olympus E-P1	none	n	3.0 / 230	fixed	n	1/4000s	3.0/s	n	Y
13.		Olympus E-P2	optional	n	3.0 / 230	fixed	n	1/4000s	3.0/s	n	Y
14.		Olympus E-PL1	optional	n	2.7 / 230	fixed	n	1/2000s	3.0/s	Y	Y
15.		Panasonic G6	1440	n	3.0 / 1036	swivel	Y	1/4000s	7.0/s	Y	n
16.		Panasonic GH3	1746	n	3.0 / 614	swivel	Y	1/4000s	6.0/s	Y	n
17.		Panasonic GH5	3680	n	3.2 / 1620	swivel	Y	1/8000s	12.0/s	n	Y
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One feature that is present on the E-5, but is missing on the GH4 is a top-level LCD. While being, of course, smaller than the rear screen, the control panel conveys some of the essential shooting information and can be convenient for quick and easy settings verification.

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 GH4 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 GH4 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.

The E-5 writes its imaging data to Compact Flash or xD Picture cards, while the GH4 uses SDXC cards. The E-5 features dual card slots, which can be very useful in case a memory card fails. In contrast, the GH4 only has one slot.

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 Olympus E-5 and Panasonic Lumix DMC-GH4 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.		Olympus E-5	Y	stereo / -	-	-	mini	2.0	-	-	-
2.		Panasonic GH4	Y	stereo / mono	Y	Y	micro	2.0	Y	Y	-
3.		Olympus E-1	Y	- / -	-	-	-	2.0	-	-	-
4.		Olympus E-3	Y	- / -	-	-	-	2.0	-	-	-
5.		Olympus E-30	Y	- / -	-	-	-	2.0	-	-	-
6.		Olympus E-510	Y	- / -	-	-	-	2.0	-	-	-
7.		Olympus E-520	Y	- / -	-	-	-	2.0	-	-	-
8.		Olympus E-600	Y	- / -	-	-	-	2.0	-	-	-
9.		Olympus E-620	Y	- / -	-	-	-	2.0	-	-	-
10.		Olympus E-M1	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
11.		Olympus E-M5 II	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
12.		Olympus E-P1	Y	stereo / -	-	-	mini	2.0	-	-	-
13.		Olympus E-P2	Y	stereo / -	-	-	mini	2.0	-	-	-
14.		Olympus E-PL1	Y	stereo / -	-	-	mini	2.0	-	-	-
15.		Panasonic G6	Y	stereo / mono	Y	-	mini	2.0	Y	Y	-
16.		Panasonic GH3	Y	stereo / mono	Y	Y	mini	2.0	Y	-	-
17.		Panasonic GH5	Y	stereo / mono	Y	Y	full	3.1	Y	-	Y

It is notable that the GH4 offers wifi support, which can be a very convenient means to transfer image data to an off-camera location. In contrast, the E-5 does not provide wifi capability.

Both cameras feature a PC Sync terminal to control professional strobe lights, which will be appreciated by studio photographers.

Both the E-5 and the GH4 have been discontinued, but can regularly be found used on ebay. The GH4 was replaced by the Panasonic GH5, while the E-5 does not have a direct successor. Further information on the features and operation of the E-5 and GH4 can be found, respectively, in the Olympus E-5 Manual (free pdf) or the online Panasonic GH4 Manual.

Review summary

So what is the bottom line? Is the Olympus E-5 better than the Panasonic GH4 or vice versa? Below is a summary of the relative strengths of each of the two contestants.

Arguments in favor of the Olympus E-5:

• Brighter framing: Features an optical viewfinder for clear, lag-free composition.
• Easier setting verification: Features an LCD display on top to control shooting parameters.
• Longer lasting: Can take more shots (750 versus 500) on a single battery charge.
• Sharper images: Has hand-shake reducing image stabilization built-in.
• Greater peace of mind: Features a second card slot as a backup in case of memory card failure.
• More heavily discounted: Has been available for much longer (launched in September 2010).

Reasons to prefer the Panasonic Lumix DMC-GH4:

• More detail: Has more megapixels (15.9 vs 12.2MP), which boosts linear resolution by 14%.
• Better image quality: Scores substantially higher (18 points) in the DXO overall evaluation.
• Richer colors: Generates noticeably more natural colors (1.6 bits more color depth).
• More dynamic range: Captures a broader range of light and dark details (2.3 EV of extra DR).
• Better low-light sensitivity: Can shoot in dim conditions (0.6 stops ISO advantage).
• Better video: Provides higher definition movie capture (4K/30p vs 720/30p).
• 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 (0.67x vs 0.58x).
• More detailed LCD: Has a higher resolution rear screen (1036k vs 920k dots).
• Fewer buttons to press: Has a touchscreen to facilitate handling and shooting adjustments.
• Faster burst: Shoots at higher frequency (12 vs 5 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.
• More compact: Is smaller (133x93mm vs 142x117mm) and will fit more readily into a bag.
• Less heavy: Has a lower weight (by 313g or 36 percent) and is thus easier to take along.
• More legacy lens friendly: Can use many non-native lenses via adapters.
• Easier file upload: Has wifi built in for automatic backup or image transfer to the web.
• Easier device pairing: Supports NFC for fast wireless image transfer over short distances.
• More affordable: Was released into a lower priced segment (12 percent cheaper at launch).
• More modern: Reflects 3 years and 4 months of technical progress since the E-5 launch.

If the number of relative strengths (bullet points above) is taken as a guide, the GH4 is the clear winner of the contest (22 : 6 points). However, the relevance of individual strengths will vary across photographers, so that you might want to apply your own weighing scheme to the summary points when reflecting and deciding 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.

How about other alternatives? Do the specifications of the Olympus E-5 and the Panasonic GH4 place the cameras among the top in their class? Find out in the latest Best DSLR Camera and Best Mirrorless Interchangeable Lens Camera listings whether the two cameras rank among the cream of the crop.

In any case, while the specs-based evaluation of cameras can be instructive in revealing their potential as photographic tools, it remains incomplete and does no justice, for example, to the way the E-5 or the GH4 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 expert reviews 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.		Olympus E-5	4/5	..	..	75/100	4/5	4.5/5	Sep 2010	1,699	ebay.com
2.		Panasonic GH4	5/5	+ +	..	85/100	5/5	5/5	Feb 2014	1,499	ebay.com
3.		Olympus E-1	..	..	..	+	o	..	Jun 2003	1,699	ebay.com
4.		Olympus E-3	..	88/100	..	+ +	o	4/5	Oct 2007	1,699	ebay.com
5.		Olympus E-30	..	..	..	71/100	4.5/5	4/5	Nov 2008	1,299	ebay.com
6.		Olympus E-510	..	89/100	..	+ +	3.5/5	4.5/5	Mar 2007	799	ebay.com
7.		Olympus E-520	..	87/100	..	+ +	4.5/5	4.5/5	May 2008	699	ebay.com
8.		Olympus E-600	..	..	..	..	..	4.5/5	Aug 2009	449	ebay.com
9.		Olympus E-620	3/5	88/100	..	72/100	4.5/5	5/5	Feb 2009	699	ebay.com
10.		Olympus E-M1	5/5	+ +	..	84/100	4.5/5	4.5/5	Sep 2013	1,399	ebay.com
11.		Olympus E-M5 II	5/5	+ +	4.5/5	81/100	5/5	5/5	Feb 2015	1,099	ebay.com
12.		Olympus E-P1	..	+	..	66/100	4/5	4.5/5	Jun 2009	799	ebay.com
13.		Olympus E-P2	3/5	+	..	69/100	4/5	4.5/5	Nov 2009	799	ebay.com
14.		Olympus E-PL1	..	86/100	..	69/100	4/5	4.5/5	Feb 2010	599	ebay.com
15.		Panasonic G6	4/5	+ +	..	..	5/5	4.5/5	Apr 2013	599	ebay.com
16.		Panasonic GH3	5/5	+ +	..	79/100	4.5/5	4.5/5	Sep 2012	1,299	ebay.com
17.		Panasonic GH5	4.5/5	+ +	..	85/100	4.5/5	5/5	Jan 2017	1,999	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The review scores listed above should be treated with care, though. The ratings were established in reference to similarly priced cameras that were available in the market at the time of the review. A score, therefore, has to be seen in close connection to the price and market introduction time of the camera, and comparing ratings of very distinct cameras or ones that are far apart in terms of their release date have little meaning. 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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