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Tools › DeWalt vs Milwaukee Drill Press: Which Is Better? (2026)
Quick Answer
Milwaukee 4208-1 wins for dedicated metalworking — the professional magnetic drill press standard for decades. DEWALT DCD1623B at $159.99 is the better choice for portable structural steel work where no power outlet exists. Milwaukee for the shop; DEWALT DCD1623B for field structural work.
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Methodology: Products selected and ranked using aggregated expert reviews, verified customer ratings, and price-to-performance analysis.
Learn about our research process |
Last updated: April 2026
At a Glance
| # | Product | Award | Price | Score |
| 1 |
|
Best Cordless Mag Drill |
$159 Buy → |
9.0 |
| 2 |
|
Best Corded DeWalt Kit |
$999 Buy → |
8.0 |
| 3 |
|
Best Shop Mag Drill |
$890 Buy → |
10.0 |
DeWalt vs Milwaukee Drill Press Buying Guide
Electromagnetic drill presses (mag drills) clamp magnetically to steel surfaces and drill precise holes in structural metal. They are used by ironworkers, steel fabricators, and maintenance crews — not for woodworking or home use.
DeWalt vs Milwaukee: The Core Difference
Both DeWalt and Milwaukee make professional magnetic drill presses rated for 1.25-inch core bit capacity. The Milwaukee 4208-1 ($159.99) is a corded electromagnetic drill press with 500/250 RPM two-speed settings. DeWalt offers two options: the corded DWE1622K ($1,000) with 2-speed operation, and the breakthrough DCD1623B ($160) — a cordless 20V MAX magnetic drill press that runs on a standard DEWALT battery. The cordless option changes the field entirely for ironworkers on structural steel.
Where DeWalt Wins
DeWalt's DCD1623B is the only major-brand cordless magnetic drill press on the market at $160 (bare tool). For structural steel work — drilling into I-beams on a roof, field repairs on equipment — a cordless mag drill eliminates the extension cord entirely. The DWE1622K ($1,000) matches Milwaukee's 4208-1 in capability and comes with a wider kit package. DeWalt's broader dealer network also means easier parts access.
Where Milwaukee Wins
The Milwaukee 4208-1 ($890) has a longer track record in steel fabrication shops. Its electromagnet generates up to 1,760 lbs of clamping force and the 2-speed motor handles both core bits and twist drills. Milwaukee's industrial tool support network is deep, with replacement parts and repair centers widely available. For a high-production shop drilling hundreds of holes per week, Milwaukee's proven reliability matters.
Get DeWalt If / Get Milwaukee If
Get DeWalt if you need a cordless mag drill for field structural work (DCD1623B at $160), or want the corded DWE1622K's comprehensive kit at competitive pricing.
Get Milwaukee if you run a steel fabrication shop, value Milwaukee's proven industrial support network, or already own M18 batteries for other Milwaukee tools.

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Why Buying the Most Powerful Drill is a MISTAKE (Milwaukee vs DeWalt)
Price Comparison
DeWalt magnetic drill presses span $160 (cordless bare tool) to $1,000 (corded kit). Milwaukee's 4208-1 sits at $890. At the corded level, DeWalt and Milwaukee are priced within 12% of each other. The DeWalt DCD1623B cordless option at $160 has no Milwaukee competitor — it represents a genuinely new capability tier.

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DeWalt vs. Milwaukee: PEX Expander Showdown | DCE400 vs 2532 & 2432
See detailed reviews below ↓
Our Top Pick
Best for: DeWalt FlexVolt users and ironworkers who need cordless magnetic drilling capability for structural steel in awkward positions where cord routing is difficult or unsafe
“The DEWALT DCD1623B 20V MAX Brushless Cordless Magnetic Drill Press (Tool Only) features cordless 20v max flexvolt advantage. Best suited for cordless jobsite magnetic drilling without power outlet co”
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What we like
- 20V MAX and 60V MAX FlexVolt battery compatibility provides flexibility between extended 20V runtime and maximum 60V power on demanding core bits
- Brushless motor extends tool life and improves runtime per charge versus brushed cordless magnetic drill competitors
- 2-inch core bit capacity handles large-diameter structural steel holes that smaller magnetic drills can't accommodate
- No cord restrictions on the job site — work in overhead, elevated, or confined structural positions where cord management is hazardous
Watch out for
- Tool-only — battery sold separately
- Very high price
- Heavy at 14.4 lbs
- Overkill for light-duty use
Skip if: Shop fabricators with easy power outlet access — corded magnetic drills provide unlimited runtime and consistent torque for fixed-position production drilling
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Full Specs & Measurements
| Voltage | 20 Volts |
| Api Title | 20V MAX FVA 2 IN MAGNETIC DRILL BARE |
| Drill Type | Drill Press |
| Power Source | Battery Powered |
| Material Type | Blend |
| Maximum Power | 300 Watts |
| Api Refreshed At | 2026-05-19T15:27:13Z |
| Number Of Speeds | 10 |
| Included Components | 20V MAX FVA 2 IN MAGNETIC DRILL BARE |
| Drilling Capacity Wood | 2 Inches |
| Drilling Capacity Metal | 2 Inches |
| Manufacturer Part Number | DCD1623B |
Also Excellent
Best for: Professional metal fabrication and structural steel drilling
Based on 520 verified reviews + 1 expert source
“2-speed setting for versatile drilling. 4.6 stars from 521 Amazon reviews signal consistent reliability.”
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What we like
- 2-speed setting for versatile drilling
- Powerful 10-amp motor
- Magnetic base for safe steel attachment
- Built-in level indicator
- Compatibility with standard annular cutters
Watch out for
- Heavy and bulky for transport
- High price point
- Requires solid metal surface to mount
- Corded only — no battery option
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Read Full Analysis
2-speed setting for versatile drilling
Keep in mind: heavy and bulky for transport. Keep in mind: high price point.
Compared to the Milwaukee 4208-1 Electromagnetic Drill Press, 1.25-Inch Capacity, 500/250 RPM at $890 on this page, the DEWALT DEWALT DWE1622K Magnetic Drill Press, 2-Inch, 10-Amp, 2-Speed costs $110 more but may offer additional features or brand support worth considering for serious users.
Full Specs & Measurements
| Laser | Yes |
| Motor | 5 amps / 2/3 HP |
| Speed | 450 RPM |
| Swing | 12 inches |
| Speeds | 12 |
| Voltage | 240 Volts |
| Amperage | 10 Amps |
| Api Title | DEWALT Drill Press, Magnetic, 2-inch, 10-Amp with 2-Speed Setting (DWE1622K) |
| Drill Type | Drill Press |
| Table Tilt | 45 degrees |
| Depth Gauge | Digital |
| Speed Range | 580-3200 RPM |
| Power Source | Corded |
| Material Type | Blend |
| Maximum Power | 300 Watts |
| Api Refreshed At | 2026-05-19T15:02:20Z |
| Number Of Speeds | 2 |
| Maximum Chuck Size | 13 Millimeters |
| Included Components | Safety Chain | Adjustment Tools | Quick Change 1/2" Keyed Chuck | Kit Box | Heavy Duty Carrying Case | 16mm Chuck & Adapter | Magnetic Coolant Tank |
| Drilling Capacity Wood | 4.38 Inches |
| Drilling Capacity Metal | 56.9 Inches |
| Manufacturer Part Number | DWE1622K |
| Maximum Rotational Speed | 450 RPM |
| Item Dimensions L X W X H | 22.44"L x 6.5"W x 19.29"H |
| Manufacturer Warranty Description | 3 year limited warranty |
Worth Considering
Best for: Heavy industrial electromagnetic drilling in structural steel
“The Milwaukee 4208-1 Electromagnetic Drill Press, 1.25-Inch Capacity, 500/250 RPM features heavy-duty 1.25-inch core capacity. Best suited for heavy industrial electromagnetic drilling in structural s”
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What we like
- Heavy-duty 1.25-inch core capacity
- Two-speed 500/250 RPM for versatility
- Adjustable position design
- Strong magnetic base for stability
- Industry-proven reliability
Watch out for
- Very expensive at $1,699+
- Extremely heavy industrial tool
- Limited to professional/commercial use
- Hard to source locally
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Read Full Analysis
Two-speed 500/250 RPM for versatility
Keep in mind: very expensive at $1,699+. Keep in mind: extremely heavy industrial tool.
At $890, the Milwaukee Milwaukee 4208-1 Electromagnetic Drill Press, 1.25-Inch Capacity, 500/250 RPM costs $110 less than the DEWALT DWE1622K Magnetic Drill Press, 2-Inch, 10-Amp, 2-Speed ($1000) on this page, making it the stronger value pick if the spec differences fit your needs.
Full Specs & Measurements
| Speed | 250 RPM |
| Torque | 1000 Inch Pounds |
| Voltage | 120 Volts |
| Amperage | 12.5 Amps |
| Api Title | Milwaukee Magnetic Drill Press, 500/250 RPM, 1.25 In |
| Drill Type | Drill Press |
| Power Source | Corded Electric |
| Material Type | Metal, Plastic |
| Maximum Torque | 50 Inch Pounds |
| Api Refreshed At | 2026-05-19T14:50:34Z |
| Maximum Chuck Size | 1.25 Inches |
| Included Components | Unit^Instruction Guide |
| Drilling Capacity Wood | 31.75 Millimeters |
| Drilling Capacity Metal | 1.25 Inches |
| Manufacturer Part Number | 4208-1 |
| Maximum Rotational Speed | 500 RPM |
| Manufacturer Warranty Description | Limited warranty, 30-day no-risk trial. |
Frequently Asked Questions
What is a magnetic drill press?
A magnetic drill press (mag drill) uses an electromagnetic base to clamp to steel surfaces and drill precise holes in structural metal. They are used for I-beams, plate steel, and metal fabrication — not woodworking or concrete.
Is DeWalt or Milwaukee better for magnetic drill presses?
Milwaukee's 4208-1 has the stronger track record in production steel fabrication. DeWalt's cordless DCD1623B is the better choice for field structural work where running a power cord is impractical.
What is the DeWalt DCD1623B?
The DCD1623B is DeWalt's 20V MAX cordless magnetic drill press — one of the first major-brand cordless mag drills. It runs on standard 20V MAX batteries, making it ideal for ironworkers and field crews on structural steel.
How much clamping force do these mag drills produce?
The Milwaukee 4208-1 produces approximately 1,760 lbs of electromagnetic clamping force. DeWalt's DWE1622K produces comparable force. Clamping force determines whether the drill stays put on vertical or overhead steel surfaces.
Can a mag drill be used on non-steel surfaces?
No — electromagnetic drill presses only work on ferromagnetic (steel/iron) surfaces. They will not clamp to aluminum, stainless steel, concrete, or wood. For those materials, a conventional drill press or hand drill is required.
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