Abstract: A hole saw, especially suited for sheet-metal work, incorporates an annular ring surrounding the body of the saw, and located at an end adjacent its cutting edge. In accordance with the invention, the diameter of the ring is selected larger than that of the cutting teeth, to operate as a "stop" in preventing the saw from undesirably extending into the cavity where the saw makes its cut, beyond a predetermined amount. As will be described, the annular ring allows for a constant, equal pressure to be applied in using the hole saw across a work-piece while, at the same time, limiting any accidental damage to be done inside the work-piece if the hole saw were to penetrate too far.