These are not the same size of amplifier: Hegel H20 has roughly 3.3x the power of Hegel H95. That is about 5.2dB, so it is a question of room size and how hard your speakers are to drive, not of one being the better amplifier.
| Area | Better | Why |
|---|
| Power | B | Hegel H20 has more power - 200W against 60W into 8 ohms. That is about 5.2dB - a different class of amplifier rather than a bigger version of the same one, and far more than most rooms will ever ask for. |
| Room size | depends | We rate Hegel H95 the better fit for desk or near-field listening, a small room and a mid-size room, and Hegel H20 for a large room and a very large room. Match the amplifier to the room you actually have, not the one you want. |
| Bass control | A | Hegel H95 has the higher damping factor (2000 vs 1000), which usually means a tighter grip on a woofer. Above about 100 the returns flatten out, so read this as a tendency rather than a ranking. |
| Noise floor | evenly matched | Much the same signal-to-noise ratio (100dB vs 100dB). |
| Built-in DAC | A | Hegel H95 has a DAC on board; the other needs an external one, which is another box, another power lead and another purchase. |
| Analogue inputs | evenly matched | The same number of line-level inputs (2). |
| Headphones | depends | Only Hegel H95 has a headphone output. Worth something if you listen late, nothing if you never do. |
| Price | A | Hegel H95 costs less - $2,000 against $7,200 at list. |
A Hegel H95 B Hegel H20
depends neither is better in the abstract - it turns on your room, your system or how you will use them. Only specs published for both amplifiers are judged; anything missing on either side is left out rather than guessed.
Which should you choose?
Hegel H95 has the edge on paper, though not by much. The rows marked "depends" are more likely to decide this than the score is. Start with the room. In a large or open-plan room, or with speakers that are hard to drive - low sensitivity, or an impedance that dips - Hegel H20 has the headroom, and headroom is what stops an amplifier hardening up on peaks. At desk distance or in a small room, 60 watts is already more than most people ever use, and the extra 140 watts would be headroom you pay for and never hear - we rate Hegel H20 poorly for near-field use for exactly that reason. If you already own a DAC or a streamer, the built-in one is money you are paying twice for, and Hegel H20 becomes the more rational buy.
What a spec sheet cannot show: how either sounds with your speakers, how the controls feel day to day, and what the app is like to live with - which is where most all-in-one amplifiers are actually won or lost. Power figures are the manufacturers' own and are not measured to a common standard, so treat small differences as noise. If you can hear both, that will tell you more than any row above.