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Deep Hole Drilling Economics: Cost per Hole and ROI

In deep hole drilling, the cost of the tool is not the tool price divided by the number of holes — it is the tool price, plus the cost of every hole it failed to make, every regrind it required, and every minute of downtime it caused, all divided by the number of good holes it actually produced.

Overview

Deep hole drilling economics differ from conventional machining economics in two important ways: the tooling cost per hole is higher (specialized drills cost more), but the cost of failure is also higher — a broken tool at 100× diameter depth can scrap a workpiece worth hundreds or thousands of dollars.

Cost ComponentTypical Share of Total Hole CostNotes
Machine cost (depreciation + operating)35 – 50%Dominant for dedicated machines
Tooling cost (drill + regrinds)15 – 30%Highly variable with tool life
Labor cost10 – 20%Lower for automated systems
Coolant (pump power + filtration + disposal)5 – 10%Higher for BTA systems
Scrap and rework5 – 15%Often underestimated

Cost per Hole Calculation

Basic Formula

Cost per hole = (Machine cost per hour × Cycle time in hours) + Tooling cost per hole + Consumables per hole

Where:

Machine cost per hour = (Machine purchase price × Depreciation rate + Annual maintenance + Floor space cost) / Annual operating hours

Tooling cost per hole = (Tool purchase price / Holes per tool life) + (Regrind cost / Holes per regrind interval)

Worked Example: Gun Drilling a 10 mm Hole in 4140 Steel

ParameterValue
Machine cost (CNC lathe with TSC)$80,000
Machine life10 years
Annual operating hours2,000
Machine cost per hour$4.00 + $2.00 (labor) = $6.00/hr
Cycle time per hole (100 mm deep)2.5 minutes (0.042 hr)
Machine cost per hole$6.00 × 0.042 = $0.25
Gun drill cost$85.00
Holes per regrind500
Regrinds per tool8
Total holes per tool4,500
Tooling cost per hole$85.00 / 4,500 = $0.019
Regrind cost per hole$15.00 / 500 = $0.030
Coolant and consumables per hole$0.02
Total cost per hole$0.32

Worked Example: BTA Drilling a 50 mm Hole in 4140 Steel

ParameterValue
Machine cost (BTA machine)$250,000
Machine life10 years
Annual operating hours4,000 (2 shifts)
Machine cost per hour$6.25 + $3.00 (labor) = $9.25/hr
Cycle time per hole (500 mm deep)8 minutes (0.133 hr)
Machine cost per hole$9.25 × 0.133 = $1.23
BTA drill head cost (indexable)$120.00
Inserts per head3 inserts, 4 edges each = 12 edges
Holes per edge200
Total holes per head2,400
Tooling cost per hole$120.00 / 2,400 = $0.050
Guide pads per hole$0.03
Coolant and consumables per hole$0.15
Total cost per hole$1.46

Tooling Cost by Method

Gun Drilling Tooling

Drill Diameter (mm)Typical Drill CostHoles per RegrindRegrindsTotal Holes$ per Hole
3$45 – $65200 – 8005 – 101,000 – 8,000$0.01 – $0.07
6$55 – $85300 – 1,2005 – 101,500 – 12,000$0.01 – $0.06
10$70 – $120500 – 2,0005 – 102,500 – 20,000$0.01 – $0.05
16$90 – $160500 – 2,0005 – 82,500 – 16,000$0.01 – $0.06
25$120 – $220400 – 1,5005 – 82,000 – 12,000$0.01 – $0.11

BTA Drilling Tooling

Drill Diameter (mm)Head CostInserts per HeadEdges per InsertHoles per Edge$ per Hole
25$80 – $1502 – 33 – 4150 – 400$0.03 – $0.17
40$120 – $2503 – 43 – 4150 – 400$0.03 – $0.19
65$200 – $4004 – 53 – 4150 – 400$0.04 – $0.22
100$350 – $6004 – 63 – 4100 – 300$0.05 – $0.33

Indexable tools reduce tooling cost variance

Indexable BTA and gun drill systems eliminate the cost of regrinding and the risk of poor regrind quality. While the per-edge cost is slightly higher than a reground brazed tool, the total cost of ownership is often lower because indexable systems eliminate regrind inventory management and provide predictable edge life.

Machine Investment ROI

Retrofit vs Dedicated Machine

ApproachInvestmentTypical PaybackBest For
CNC lathe gun drilling retrofit$7,000 – $20,0003 – 6 monthsLow-medium volume, < 20 mm Ø
TSC retrofit on VMC/lathe$10,000 – $30,0003 – 6 monthsShallow deep holes, < 20:1 L/D
Dedicated micro gun drilling machine$80,000 – $200,00012 – 24 monthsMedical, precision, < 6 mm Ø
Dedicated gun drilling machine$100,000 – $300,00018 – 36 monthsProduction gun drilling
Dedicated BTA machine$200,000 – $600,00024 – 48 monthsHigh-volume, > 20 mm Ø

ROI Calculation Example

A $20,000 gun drilling retrofit on a CNC lathe, used to produce one hole per part at 500 parts per month:

Before retrofit (outsourced deep hole drilling):

  • Outside cost per hole: $5.00
  • Monthly cost: 500 × $5.00 = $2,500

After retrofit (in-house):

  • Machine cost per hour: $6.00
  • Cycle time per hole: 3 minutes
  • Machine cost per hole: $0.30
  • Tooling cost per hole: $0.03
  • Total in-house cost per hole: $0.33
  • Monthly cost: 500 × $0.33 = $165

Monthly savings: $2,500 – $165 = $2,335

Payback period: $20,000 / $2,335 = 8.6 months

If the alternative is not outsourcing but instead using a conventional twist drill with peck cycles that takes 15 minutes per hole (instead of 3 minutes with gun drilling), the savings come from cycle time reduction:

  • Old cycle time: 15 min/hole = $1.50/hole machine cost
  • New cycle time: 3 min/hole = $0.30/hole machine cost
  • Savings: $1.20/hole × 500 = $600/month
  • Payback: $20,000 / $600 = 33 months (less attractive)

ROI depends on what you are comparing against

The ROI of a deep hole drilling investment depends entirely on the baseline. Comparing against outsourcing (high per-hole cost) gives fast payback. Comparing against a slow existing process gives moderate payback. Comparing against doing nothing (no requirement for deep holes) gives no payback. Always calculate against your actual alternative, not an idealized baseline.

Method Economics by Volume

Low Volume (1 – 100 holes per year)

MethodSetup Cost per HoleTooling Cost per HoleTotal Cost per Hole
Conventional (twist drill, peck)$0 – $5$0.50 – $2.00$0.50 – $7.00
Outsourced gun drilling$0 (vendor)$5.00 – $50.00$5.00 – $50.00
In-house gun drilling (retrofit)$5 – $20$0.50 – $2.00$5.50 – $22.00

At very low volumes, outsourcing is often cheaper than in-house investment.

Medium Volume (100 – 5,000 holes per year)

MethodMachine Cost per HoleTooling Cost per HoleTotal Cost per Hole
Conventional drilling$1.00 – $5.00$0.20 – $1.00$1.20 – $6.00
Gun drilling (retrofit)$0.20 – $1.00$0.02 – $0.10$0.22 – $1.10
Gun drilling (dedicated)$0.50 – $2.00$0.02 – $0.10$0.52 – $2.10
BTA drilling$0.50 – $2.00$0.05 – $0.20$0.55 – $2.20

At medium volumes, in-house gun drilling with a retrofit offers the lowest per-hole cost.

High Volume (> 5,000 holes per year)

MethodMachine Cost per HoleTooling Cost per HoleTotal Cost per Hole
Gun drilling (multi-spindle)$0.05 – $0.20$0.01 – $0.05$0.06 – $0.25
BTA drilling (dedicated)$0.10 – $0.40$0.03 – $0.10$0.13 – $0.50
Indexable gun drilling$0.05 – $0.20$0.02 – $0.06$0.07 – $0.26

At high volumes, dedicated multi-spindle gun drilling or BTA achieves the lowest per-hole cost.

Hidden Costs

Scrap and Rework

The cost of a scrapped workpiece in deep hole drilling can be many times the cost of drilling the hole:

Workpiece ValueScrap RateEffective Cost per Good Hole
$502%$1.02 × drilling cost
$5010%$1.11 × drilling cost
$5002%$10.20 + drilling cost
$50010%$55.56 + drilling cost

A 2% scrap rate on a $500 workpiece adds $10.20 to the effective cost of every hole. Reducing scrap through better tool life management, process monitoring, and operator training is often the highest-ROI activity in deep hole drilling.

Coolant System Operating Cost

System TypePump PowerAnnual Power Cost (2,000 hrs)Filter Element CostTotal Annual
Flood coolant3 HP$450$200$650
TSC retrofit (1,000 psi)10 HP$1,500$1,200$2,700
Gun drilling machine20 HP$3,000$2,400$5,400
BTA machine (large)50 HP$7,500$6,000$13,500

Tooling Management Cost

Regrind management adds overhead that is often overlooked:

ActivityCost per Regrind
Tool removal and replacement$2 – $5
Shipping to regrind service$5 – $15
Regrind service fee$10 – $30
Inspection after regrind$3 – $8
Inventory carrying cost$1 – $3
Total per regrind cycle$21 – $61

Cost Reduction Strategies

StrategyImpactEffortTime to Result
Optimize cutting speed for tool lifeReduces tooling cost 20–50%LowImmediate
Implement coolant pressure monitoringReduces scrap from chip packingMedium1 – 4 weeks
Switch from brazed to indexable toolingEliminates regrind managementMedium1 – 2 months
Add coolant chillerExtends tool life 15–30%Medium1 – 2 months
Upgrade filtration to ≤ 10 µmExtends tool and pad life 20–40%Medium1 – 2 months
Retrofit existing machineAvoids dedicated machine purchaseHigh2 – 8 weeks
Multi-spindle machine for high volume2–4× throughput at 1.5× costHigh4 – 12 months
Automate tool change based on hole countPrevents catastrophic failureMedium2 – 6 weeks

Summary

ScenarioMost Economical MethodTypical Cost per HoleKey Cost Driver
< 5 mm Ø, any volumeGun drilling$0.10 – $2.00Tool life (small drills break easily)
5 – 20 mm Ø, low volumeGun drilling (retrofit)$0.20 – $1.00Machine utilization
5 – 20 mm Ø, high volumeMulti-spindle gun drilling$0.06 – $0.25Cycle time
20 – 65 mm Ø, medium volumeBTA drilling$0.30 – $1.50Insert cost + cycle time
20 – 65 mm Ø, high volumeBTA drilling$0.13 – $0.50Coolant power
> 65 mm Ø, any volumeBTA or trepanning$0.50 – $5.00Material removal volume

FAQ

What is the typical cost per hole for gun drilling?

For gun drilling in steel with diameters between 6–20 mm, the typical cost per hole ranges from $0.20 to $1.00 including machine, tooling, and consumable costs. The tooling component is usually $0.01–$0.06 per hole. The machine cost (depreciation + operating) accounts for 40–60% of the total. Small diameters under 6 mm have higher per-hole costs due to shorter tool life.

How long does it take to pay back a gun drilling machine?

A CNC lathe gun drilling retrofit ($7,000–$20,000) typically pays back in 3–6 months when replacing outsourced deep hole drilling. A dedicated gun drilling machine ($100,000–$300,000) typically requires 18–36 months payback depending on utilization and part volume. The fastest payback comes from converting outsourced work to in-house production.

Is BTA drilling cheaper than gun drilling?

At diameters below 20 mm, gun drilling is cheaper. At diameters above 20 mm with medium-to-high volume, BTA drilling is cheaper per hole because its 4× higher metal removal rate reduces cycle time enough to offset higher tooling and coolant costs. The crossover point depends on material, depth, and volume — but 20 mm diameter is a reasonable rule of thumb.

What is the biggest hidden cost in deep hole drilling?

Scrap and rework are the biggest hidden costs. A single scrapped high-value workpiece ($200–$2,000) can eliminate the profit from hundreds of good holes. Scrap rates of 5–10% are common in shops that do not monitor tool wear or coolant pressure. Investing in process monitoring (coolant pressure, feed force, spindle power) often pays for itself within weeks through scrap reduction alone.

How many regrinds should I expect from a gun drill?

Typical gun drills can be reground 5–15 times depending on the original carbide tip size and the regrind allowance per cycle (0.1–0.3 mm of carbide removed). Small-diameter drills (< 6 mm) average 5–10 regrinds, while larger drills (> 12 mm) average 8–15 regrinds. The regrind cost ($10–$30 per cycle) should be factored into the cost-per-hole calculation.

Does coolant filtration affect cost per hole?

Yes. Inadequate filtration (above 20 µm) accelerates guide pad wear and can reduce tool life by 30–50%. This directly increases cost per hole. Upgrading from 20 µm to 10 µm filtration typically costs $1,000–$3,000 for a filter system upgrade but reduces tooling cost by 20–40%, yielding ROI in 2–6 months for production operations.

What is the cheapest way to start deep hole drilling?

The cheapest entry point is a gun drilling retrofit on an existing CNC lathe — typically $7,000–$20,000 for a high-pressure coolant pump, rotary union, guide bush holder, and tooling. This works for diameters up to 20 mm at L/D ratios up to 40:1. For larger diameters, a BTA conversion of a lathe costs approximately $20,000 and can achieve 5× the material removal rate of gun drilling.

How does hole depth affect cost per hole?

Cost per hole increases with depth for two reasons: longer cycle time (more machine cost) and reduced tool life at high L/D ratios (higher tooling cost). At L/D > 50:1, expect a 20–30% increase in cost per hole compared to L/D < 20:1 due to speed and feed reductions required for deep holes. At L/D > 100:1, the cost increase can exceed 50%.


Costs depend on machine type, location, labor rates, material, production volume, and specific process parameters. The values in this article are typical ranges for North American and European production environments. Consult equipment suppliers and conduct your own cost analysis for application-specific economics. This article reflects industry knowledge as of 2026.

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