Both compact · same LS Tractor lineup

LS MT226 vs LS MT232

LS MT226

LS Tractor

LS MT226

$23,970–$25,856

24.6 hp engine · 19.2 PTO−22% to the shaft
LS MT232

LS Tractor

LS MT232

$29,635–$33,397

31.7 hp engine · 26.2 PTO−17% to the shaft

The LS MT226 lists about $5,665 lower; the LS MT232 carries 26.2 hp to the PTO against 19.2; the LS MT232 lifts 2,506 lbs on the loader against 1,965; the LS MT232 buys more PTO horsepower per dollar, 0.88 per $1,000 against 0.8.

LS MT226 and LS MT232 compared row by row. A highlighted cell takes that row on the stated rule: more power, lift, capacity or flow, or a lower price.
SpecLS MT226LS MT232
Price$23,970–$25,856$29,635–$33,397
What that price isdealer list, not MSRP, spread across dealersdealer list, not MSRP, spread across dealers
Size classCompactCompact
TransmissionGearHydrostatic
Engine hp24.6 hp31.7 hp
PTO hp19.2 hp26.2 hp
Loader lift1,965 lbsmeasuring point not recorded2,506 lbsmeasuring point not recorded
Three-point lift1,808 lbsat the ball ends1,808 lbsat the ball ends
Hydraulic flow11.7 GPM11.7 GPM
Drive4WD4WD
EngineMitsubishiYanmar
Weight3,007 lbs3,210 lbs
Fuel tank10.6 gal10.6 gal
4WDYesYes
Front loaderYesYes
Cab availableNoNo
HydrostaticNoYes
Power steeringYesYes
Cruise controlNoNo
Warranty6 yr powertrain6 yr powertrain

A highlighted cell wins its row on the rule named above the table: more power, lift, capacity or flow, or a lower price. A lift row is left unwon whenever the two makers measured in different places, or where either of them did not say — a figure quoted at the pivot pin and one quoted 500 mm ahead of it describe the same loader and differ by roughly a third, so ranking them against each other would invent a result. Prices are typical list and move with dealer packages.

From owner discussion and long-term write-ups

What owners of each one say

LS MT226

What they like

  • 1,965 lb of loader lift at under 25 hp - roughly double what a sub-compact of similar power manages, because the frame is a full compact
  • Staying below 25 gross hp keeps a diesel particulate filter and its regeneration cycles off a machine that will spend its life on short jobs
  • The gear build returns 19.2 hp at the PTO against 17.1 for the hydrostatic, which is most of the reason to take the clutch pedal
  • 11.7 GPM total flow with 7.1 GPM to the implement circuit is generous for the class
  • 10.6-gallon tank is over 50 percent larger than the MT1 sub-compacts carry
  • Cab versions exist on the same frame, so an enclosed machine at this hp point is a factory build

What they complain about

  • LS publishes no price at all, and the two dealer figures for the open-station build differ by about $1,900 - hence the range rather than a single number
  • The MT2 and MT2E lines share the 226 model number with different engines and feature levels, which makes like-for-like shopping harder than it should be
  • A 12F/12R synchromesh shuttle still uses the clutch for every direction change, which tells on loader work
  • 1,808 lb of 3-point lift quoted at the ball ends will be considerably less at the end of a long implement, and LS publishes no figure further back
  • No measuring point is given for the 1,965 lb loader rating on any LS model page
  • A 3,007 lb tractor with 24.6 hp is heavy for its power, so ground speed under load is modest

LS MT232

What they like

  • 2,506 lb loader lift is the headline over the 226 - a 27 percent jump for roughly 7 more engine horsepower
  • 26.2 hp at the PTO from 31.7 gross is an unusually small loss for a hydrostatic in this class
  • Naturally aspirated Yanmar three-cylinder with no turbocharger and nothing exotic to service
  • Three-range hydrostatic rather than two, so there is a genuine working range between crawl and road speed
  • Factory cab versions are catalogued on the same frame

What they complain about

  • LS publishes no price, and the three dealer figures found for the open-station build spanned $29,635 to $33,397 - a real 13 percent disagreement, shown here as a range
  • 3-point lift stays at 1,808 lb, unchanged from the 24.6 hp MT226, so the extra power does nothing for the hitch
  • Past 25 gross hp the machine is into the emissions band where LS does not publish its aftertreatment, so DPF presence is not something the maker states
  • Hydraulic flow is identical to the MT226's 11.7 GPM, which limits how much the bigger loader can actually speed up a cycle
  • 10.6-gallon tank is unchanged from the smaller model despite the higher fuel burn
  • No loader measuring point published, as on every LS model page