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Steve's Outpost

Section 01 · Knives & EDC

Leatherman vs Gerber Multitools

A three-to-one price difference for a tool that does broadly the same things. Here is exactly what the extra money buys, and when it is not worth it.

By Stephen V.Updated How we pick
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We earn a commission when you buy through our Amazon links, at no extra cost to you. It never changes the order of the picks, and we say so when the cheaper thing is the better buy. How this works.

The verdict first: if you use a multitool weekly, buy the Leatherman Wave+ — the outside-accessible blades, the fully locking tool set and the 25-year warranty are all real and all pay back over that horizon. If it lives in a glovebox for emergencies, buy the Gerber Suspension NXT and put the difference somewhere useful, because you will never recover the premium.

That is a frequency-of-use answer rather than a quality answer, and it is deliberately so. The Gerber is not a bad tool. It is a good tool that is missing three specific things, and whether those three things matter depends entirely on how often you open it.

The short answer

Quick picks

#ProductBest forScorePrice
01
Leatherman Leatherman Wave+
Leatherman Wave+

The default answer in this category for twenty years, and the outside-accessible blades are the reason.

Best overall
8.0
$129.95Amazon (affiliate link)
02
Gerber Gerber Suspension NXT
Gerber Suspension NXT

About a third of the Leatherman's price for most of the Leatherman's usefulness, and the honest recommendation for most people.

Best value
7.4
$37.96Amazon (affiliate link)

#ad · Live prices from the Amazon Creators API, as of Sep 4, 2026. Where we have no verified live price we show none — a gap beats a number that has rotted.

In detail

The picks, in full

01
Leatherman Leatherman Wave+

Best overall

Leatherman Wave+

18 toolsOutside-accessible bladesStainless steel25-year warranty
8.0/10

The default answer in this category for twenty years, and the outside-accessible blades are the reason.

Plier quality
9
Tool access
10
Build quality
9
Carry weight
5
Value
7

What's good

  • Knife and saw open without unfolding the pliers, which is the single biggest usability difference in multitools
  • All-locking tools, so nothing folds on your fingers under load
  • 25-year warranty that Leatherman actually honors
  • Replaceable wire cutters rather than a worn-out tool

What's not

  • Heavy enough that most people belt-carry it rather than pocket it
  • Roughly three times the price of a competent budget multitool
  • Scissors are the weakest tool in the set

Skip it if…

it will live in a glovebox. A tool you use twice a year does not justify this over the Gerber.

$129.95See it on Amazon (affiliate link)

Price as of Sep 4, 2026. Prices move — Amazon's is the one that counts.

#ad · we may earn a commission from this link to Leatherman Wave+

02
Gerber Gerber Suspension NXT

Best value

Gerber Suspension NXT

15 toolsSpring-loaded pliersStainless steelPocket clip
7.4/10

About a third of the Leatherman's price for most of the Leatherman's usefulness, and the honest recommendation for most people.

Plier quality
7
Tool access
6
Build quality
7
Carry weight
7
Value
10

What's good

  • Spring-loaded pliers open themselves, which matters more in daily use than the tool count
  • Genuinely inexpensive for a name-brand tool with a warranty
  • Butterfly opening is fast and one-handed

What's not

  • Not all tools lock, so some can fold under pressure
  • Blades are inside-accessible — the pliers have to be opened first
  • Wire cutters are not replaceable

Skip it if…

you cut a lot of wire. Non-replaceable cutters wear out and then the tool is permanently worse.

$37.96See it on Amazon (affiliate link)

$39.995% off

Price as of Sep 4, 2026. Prices move — Amazon's is the one that counts.

#ad · we may earn a commission from this link to Gerber Suspension NXT

What the extra money actually buys

1. Outside-accessible blades

On the Wave+, the knife and the saw fold into the outside of the handle and open one-handed with the tool closed. On the Suspension, you unfold the pliers first and then fish the blade out of the handle with two hands.

On a workbench this is nothing. Standing on a ladder holding a cable, it is the entire product. This is the single biggest usability difference between the two and it does not appear in any tool count.

2. Fully locking tools

Every implement on the Wave+ locks open. Several on the Suspension do not, which means they can fold on your fingers if you push in the wrong direction. If you will lean on the screwdrivers, this is a safety difference rather than a convenience one.

3. Replaceable wire cutters and a 25-year warranty

Wire cutters are the first thing to wear out on a multitool that gets used. On the Wave+ they are replaceable inserts. On the Suspension they are machined into the jaws, so when they dull, the tool is permanently worse. Leatherman's 25-year warranty covers the rest and is honored in practice.

Where the Gerber genuinely wins

Spring-loaded pliers. The Suspension's jaws open themselves, which in day-to-day use is more pleasant than the Wave's manual jaws. It is also lighter, and its butterfly opening is fast. At a third of the price, none of that is faint praise.

The decision, stated plainly

  • Weekly use, especially at work: Wave+. The access and the locking pay for themselves.
  • Occasional or emergency use: Suspension NXT. Buy two, keep one in each vehicle.
  • Real wire work: Wave+ or Surge, for the replaceable cutters alone.
  • Always-with-you carry: neither — a keychain tool you actually have beats a belt tool you left at home.

How these were picked

I haven't handled these. Here's what I did instead.

Everyone in this category says they tested twenty of these. I haven't tested any, and I say so. What I do instead: read the manufacturer's manual and published specification, compile the numbers that decide the purchase, do the arithmetic in the open, check the live price, and name one product to skip. The scores above are judgments from that research against a published rubric — they are not measurements I took, because I do not have a lab and I am not going to pretend otherwise.

Questions

Frequently asked

Is the Leatherman warranty actually honored?
Leatherman's published 25-year warranty covers defects in materials and workmanship and the company's repair process is long established. It does not cover normal wear or misuse, and it is worth reading their terms rather than relying on forum accounts.
Which has better pliers?
The Wave+ has harder jaws and more leverage; the Suspension NXT has spring-loaded jaws that are more pleasant to use. Heavy work favors the Leatherman, light frequent work favors the Gerber, and both are far ahead of any unbranded tool.
Do I need 18 tools?
No. Most people use the pliers, the knife, one screwdriver and the wire cutters. The tool count is inflated on both products by counting bits and ruler markings separately and should not drive the decision.
What about the Gerber Truss or the Leatherman Surge?
The Truss is Gerber's answer to the Wave and is worth a look if you want outside-accessible tools at a lower price. The Surge is a heavier-duty Leatherman with more leverage and a replaceable saw — a genuinely different tool rather than a tier.

Keep reading

Receipts

Sources

We do not run a testing lab and we do not pretend to. Where a measured number came from a manufacturer's published specification or someone else's lab, we name them and link them. Where we could not verify something, we say so on the page rather than quietly leaving it out. Read the full method.