Best Annular Cutters Under $100 (2026)

We ranked annular cutters under $100 by value score using factors including user ratings, material (HSS/M2), shank type, diameter/depth availability, and construction quality

Top Picks

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    Evolution CC875 7/8- in x 1 in depth annular cutter

    Evolution CC875 7/8- in x 1 in depth annular cutter

    EVOLUTION • ★ 4.0/5 • Mid-Range

    Annular cutter in M2AL high speed steel with 7/8 in diameter and 1 in depth of cut. 3/4 in Weldon shank with 2 flats fits most standard magnetic drill presses; includes free pilot pin. Customers note solid performance and value for money

    • 7/8 in diameter with 1 in depth of cut
    • M2AL high speed steel
    • Weldon shank with 2 flats and pilot pin included
    Check current price on Amazon →
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    Evolution CC750L annular cutter 3/4" Ø x 2" DOC

    Evolution CC750L annular cutter 3/4" Ø x 2" DOC

    EVOLUTION • ★ 3.9/5 • Mid-Range

    Evolution CC750L high-speed steel annular cutter with 3/4" diameter and 2" depth of cut. Fits most standard magnetic drill presses via 3/4" Weldon shank with 2 flats. Includes free pilot pin. Customer notes strong cutting speed and solid value, with mixed durability reports

    • 3/4" diameter, 2" depth of cut
    • M2AL high speed steel
    • Weldon shank with 2 flats
    Check current price on Amazon →
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    Annular Cutter 7/8" OD x 1" depth for mag drill

    Annular Cutter 7/8" OD x 1" depth for mag drill

    S&F STEAD & FAST • ★ 3.9/5 • Budget

    Annular cutter made of M2AL HSS with 7/8" outside diameter and 1" cutting depth, designed for secure clamping on CNC/Weldon shank. Customers note precise cutting and overall quality, with mixed opinions on sharpness and durability

    • M2AL HSS durability
    • 1" cutting depth
    • Weldon shank for secure clamping
    Check current price on Amazon →
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Buying Guide

Match diameter and depth to your project

Choose a cutter diameter and the 1" or 2" depth based on the material thickness and the hole size you need; several Evolution models offer common sizes like 3/4", 13/16", 7/8", and 27/64"

Prefer HSS or M2 for durability

High-speed steel (HSS) and M2 variants provide better heat resistance and wear life for steel cutting compared with lower-grade steels

Check shank compatibility

Confirm your drill or arbor accepts Weldon shank or similar mounting styles—some cutters in this selection use Weldon shanks for secure clamping

Consider brand consistency

All top picks are from Evolution, which simplifies matching cutters and replacement parts across diameters and depths

Review user ratings and value score

Use average user ratings (around 4.5–4.6★ here) and the value score to balance cost against longevity and performance