All my comments on DR differences are based upon an estimate by imagining a vertical line from the lower DR figure to the higher DR figure on the graph. I believe photon shot noise, or SNR at 18%, has to vary by 3dB or more before it's of any real significance.
UPDATE 2: reading more st DXO, I am confused about how they measure the upper end of the DR, which is a strange that ng to care about when the sensor is greatly underexposed. I will try a new analysis tomorrow!
Which would make sense, except that DXO badly mangles the horizontal positioning of the data points, by confusing a measure of "highlight headroom after analog amplification into the raw file" with a measure of how much exposure the sensor is getting: Exposure Index, which is what is needed for low-light handling comparisons. To fix this, from what I recall reading, it is sufficient to use the EI values reported by the camera camera maker. Here are some from
https://www.dxomark.com/Cameras/Compare/Side-by-side/Nikon-D850-versus-Olympus-OM-D-E-M1-Mark-II___1177_1136UPDATE: Here, I originally used the "print" data, with DR scaled up to estimate the effect of downsampling to 8MP. Below I have added a comparison based on "screen" data, looking at raw pixel results. That shifts the comparison in favor of the EM1Mk2 sensor.
Olympus OMD EM1 Mk 2 dynamic range ("print" measurement)
pixel pitch 3.36 microns
EI=200 ISO: 12.84
EI=400 ISO: 12.68
EI=800 ISO: 11.9
EI=1600 ISO: 11.05
EI=3200 ISO: 10.37
EI=6400 ISO: 9.34
EI=12800 ISO: 8.81
EI=25600 ISO: 7.6
Nikon D850 dynamic range ("print" measurement)
pixel pitch 4.35 microns
EI=100 ISO: 14.61
EI=200 ISO: 13.97
EI=400 ISO: 13.37
EI=800 ISO: 12.59
EI=1600 ISO: 11.63
EI=3200 ISO: 10.79
EI=6400 ISO: 9.82
EI=12800 ISO: 8.84
EI=25600 ISO: 7.86
EI=51200 ISO: 6.87
Allowing for comparisons at equal DOF and equal pixel count, the D850 would be about one stop faster, so doubling EI. More precisely, the pixel pitch ratio is only 1.3, so this comparison is slightly biased against the D850; I think that theory suggests a difference of about log2((1.4/1.3)^2) = 0.21 stops.
EM1Mk2 @ 200: 12.84; D850 @ 400: 13.37 +0.53
EM1Mk2 @ 400: 12.68; D850 @ 800: 12.59 -0.09
EM1Mk2 @ 800: 11.9; D850 @ 1600: 11.63 -0.27
EM1Mk2 @ 1600: 11.06; D850 @ 3200: 10.79 -0.27
EM1Mk2 @ 3200: 10.37; D850 @ 6400: 9.83 -0.54
EM1Mk2 @ 6400: 9.34; D850 @ 12800: 8.84 -0.50
EM1Mk2 @ 12800: 8.84; D850 @ 25600: 7.86 -0.98
EM1Mk2 @ 25600: 7.6; D850 @ 51200: 6.87 -0.73
So the D850 has a moderate advantage at low EI, and more so when its lower EI values of 32 to 200 can be used, but then the gap goes the other way — but probably within the errors of this data and my crude comparison and in most cases below the visible threshold.
I would call it a tie as far as visible differences at moderately high exposure index.
UPDATE: using "screen" instead of "print":
Olympus OMD EM1 Mk 2 ("screen" measurement)
EI=200 ISO: 12.14
EI=400 ISO: 12.0
EI=800 ISO: 11.22
EI=1600 ISO: 10.37
EI=3200 ISO: 9.69
EI=6400 ISO: 8.66
EI=12800 ISO: 8.13
EI=25600 ISO: 6.92
Nikon D850 ("screen" measurement)
EI=32 ISO: 13.55
EI=100 ISO: 13.35
EI=200 ISO: 12.72
EI=400 ISO: 12.11
EI=800 ISO: 11.33
EI=1600 ISO: 10.37
EI=3200 ISO: 9.53
EI=6400 ISO: 8.56
EI=12800 ISO: 7.58
EI=25600 ISO: 6.6
EI=51200 ISO: 5.62
EM1Mk2 @ 200 > D850 @ 400 by 0.03
EM1Mk2 @ 400 > D850 @ 800 by 0.67
EM1Mk2 @ 800 > D850 @ 1600 by 0.85
EM1Mk2 @ 1600 > D850 @ 3200 by 0.84
EM1Mk2 @ 3200 > D850 @ 6400 by 1.13
EM1Mk2 @ 6400 > D850 @ 12800 by 1.08
EM1Mk2 @ 12800 > D850 @ 25600 by 1.53
EM1Mk2 @ 25600 > D850 @ 51200 by 1.30