Horsepower tends to be emphasized in the signs on garden tractors sold at big box stores.....but for the even semi-sophisticated such is only 1 part of the equation. So, yup, HP is a number, but at what rpm for both HP and torque? Let's try the Audi 3.0 as an example (cause that's the first example I found via Google). The diesel version is 240 hp at 3750 rpm with 406 lb/ft at 1750 rpm whereas the gas version is 280 hp and 295 lb/ft at much higher rpm levels (4900 for the torque figure). Compression ratio, as in diesel in the 20:1 range while gas engines meant for regular (not premium) are in the 8:1 range, explains much of the difference. So, if you've a gas tractor how high do you intend to wind up the engine for routine work, and when will it blow up (these engines are high tech and carefully machined) - hmm, so most gas tractors are operating lower than the optimal torque range, which is already below diesel. Now, lemme see, how about transmission efficiency and does one expect to use the pto, as in bush hogging? I just returned from a hunt club "work day" (think sweat equity partially reimbursed in cold beer), and bush hogged for hours on end. When I chose a modest sized tractor (Kubota
L3400), I paid more attention to pto than HP as the former is always lower than the latter, mostly in a predictable manner as in there is more loss with a hydrostatic than a shift transmission and if one wants the ease of shifting one should consider choosing the next higher HP/torque engine being offered (ain't hard as Deere and Kubota seem to have price points for every few HP increase). If I wanted to use a 6 ft hog in 3-5 foot heavy brush, I was going to need X amount of pto. Now, all the HP/torque in the world ain't going to help if one isn't well connected to the ground - ever spin your tractor tires pulling a box blade through heavy dirt? - so, 4WD vs 2 WD, tractor weight (loaded tires and all), and tire tread (lawn vs. R4 vs R1) factor into the equation at this point.
So, y'all probably well know this stuff already and aren't about to buy a tractor based on an HP advertisement alone. Nuff said - time for another beer.