review1 min· Jul 19, 2026
The Leatherman Free P4 — Is It Worth $40 More Than the Wave+?
Leatherman's magnetic Free P4 promises one-hand operation. We compare it to the classic Wave+.
The Magnetic Difference
Every tool opens with one hand using magnets. No more prying with fingernails. It's genuinely transformative for frequent tool changes.
Tool Count
21 tools vs the Wave+'s 18. Adds a package opener, awl, and extra screwdriver configurations.
Trade-offs
Slightly heavier (9.1oz vs 8.5oz), larger closed (4.25" vs 4.0"), and the tools lack the "snap" feedback of spring-loaded Wave+ tools.
Verdict
If you switch tools constantly throughout the day, the P4 is worth every penny of the premium. If you primarily use pliers and one blade, the Wave+ delivers 90% of the value for $40 less.