The point has been made that few can tell the difference between a 3:55 and a 3:73.
That was the original question-right?
There are differences in vehicle makes; tire size, etc. Differential size is also a NON issue. Efficiency over size matters. Why drag around that extra mass (non towing) when not needed? How many of us tow 100% of the time? Very few.
With todays engines, Horsepower, really, is a misnomer. It's all in how the engine/trans. was programmed.
There isn't an engine out there that can't make tire squealing HP. But, those fall flat on torque where one needs it-towing. Low RPM.
I guess that's all "belt buckle pull up and sniff-Mine's better than yours argument".
My job is knowing trucks.
Here's a lesson.
1. Torque gets a load moving, up to about 60 MPH.
2. HP keeps a load moving after 60 MPH.
3. Drag (frontal area=wind resistance) becomes
exponential (not linear) at speeds over 60 MPH. Example: it takes four times the HP at 80 MPH as 60 MPH to keep the momentum.
With all that, HP is not that important, unless you tow at 80+ MPH. WHICH I DO NOT RECOMMEND. And, if you are doing that, you are a danger.
I would want an engine/transmission package that delivers peak torque at a very low RPM. Where
sane people tow.
300+ HP is more than enough to keep almost any load rolling at 60+MPH,
the rest is just gas going out the tailpipe and "bragging rights".
If you really think about it, what speeds does one tow at? My experience tells me-about 50-average.
There are other issues too.
1. What chassis supports the load best?
2. What chassis "feels" better towing.
There are some "Hot Rods" out there that I would NOT tow with. The chassis doesn't support the load well.
Food for thought.