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Milwaukee 2992-22 M18 18-Volt Lithium-Ion Brushless Cordless Hammer Drill and Circular Saw Combo Kit (2-Tool) with Two 4.0 Ah Batteries vs Milwaukee 3697-25 M18 FUEL 5-tool Kit

Buy the 3697-25 5-tool kit for most shoppers. It costs $399.99 at WoodArtSupply as of November 3, versus $479.01 at Walmart for the 2992-22, and it adds an impact driver, a SAWZALL and a work light. Buy the 2992-22 only if you want a two-tool kit with lighter 4.0 Ah batteries and a smaller footprint.

Today the Milwaukee 3697-25 M18 FUEL 5-tool Kit costs $79.02 less at its best price.

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Milwaukee
Milwaukee 2992-22 M18 18-Volt Lithium-Ion Brushless Cordless Hammer Drill and Circular Saw Combo Kit (2-Tool) with Two 4.0 Ah Batteries

Milwaukee 2992-22 M18 18-Volt Lithium-Ion Brushless Cordless Hammer Drill and Circular Saw Combo Kit (2-Tool) with Two 4.0 Ah Batteries

$479.01at WalmartObserved at 8:35 AM
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Choose the 2992-22 combo kit if you only need a hammer drill and a circular saw and prefer the lighter 4.0 Ah batteries and compact two-tool case.

Pros
  • Two-tool kit covers drilling and cross-cutting.
  • Light 4.6 lb build with 4.0 Ah batteries.

What separates them

Milwaukee 2992-22 M18 18-Volt Lithium-Ion Brushless Cordless Hammer Drill and Circular Saw Combo Kit (2-Tool) with Two 4.0 Ah BatteriesMilwaukee 3697-25 M18 FUEL 5-tool Kit
Tool count2 tools: hammer drill and circular saw5 tools: hammer drill, impact driver, SAWZALL, circular saw, work light
Battery capacityTwo 4.0 Ah batteriesTwo XC5.0 Ah batteries
Price as of November 3, 2026$479.01 at Walmart$399.99 at WoodArtSupply
Stores pricing it new1 store7 stores
Hammer drill speed500 to 1,800 rpm, 725 in-lb torqueUp to 2,100 rpm, Auto-Stop kickback control
FasteningNo impact driver included1/4 in hex impact driver with tri-LED light
Cutting beyond the circular saw

Price history

$795.00$185.15
Oct 30Nov 3
  • Milwaukee 2992-22 M18 18-Volt Lithium-Ion Brushless Cordless Hammer Drill and Circular Saw Combo Kit (2-Tool) with Two 4.0 Ah Batteries: lowest $479.01 on Oct 30 at Walmart; $479.01 on Nov 3.
  • Milwaukee 3697-25 M18 FUEL 5-tool Kit: lowest $185.15 on Nov 2 at The Home Depot; $399.00 on Nov 3.

Prices at every store

Milwaukee 2992-22 M18 18-Volt Lithium-Ion Brushless Cordless Hammer Drill and Circular Saw Combo Kit (2-Tool) with Two 4.0 Ah Batteries

  • WalmartNew

    In stock

    $479.01Observed at 8:35 AM
    Visit store

Also available at

  • WalmartCheck price at Walmart
Prices and history →

Milwaukee 3697-25 M18 FUEL 5-tool Kit

  • WoodArtSupplyNew

    In stock

    $399.99Free shippingObserved at 8:00 AM
    Visit store
  • eBayNew

    In stock

    $399.00+ $33.25 shippingObserved at 8:00 AM
    Visit store
  • Echo ElectricNew

    In stock

    $600.78+ $14.95 shippingObserved at 8:00 AM
    Visit store
  • WalmartNew

    In stockSold by DEALS BY MARK LLC

    $699.00Free shippingObserved at 8:00 AM
    Visit store

Also available at

  • AmazonCheck price at Amazon
  • Standard VMICheck price at Standard VMI
  • The Home DepotCheck price at The Home Depot

Specs compared

SpecMilwaukee 2992-22 M18 18-Volt Lithium-Ion Brushless Cordless Hammer Drill and Circular Saw Combo Kit (2-Tool) with Two 4.0 Ah BatteriesMilwaukee 3697-25 M18 FUEL 5-tool Kit
Battery TypeLithium-ionLithium-Ion
Case IncludedYesYes
Number Of Tools2 piece5
sizeMaximum Cut Depth @ 90 Deg. 2-1/2 in Product De…—
BrandMilwaukee—
Power typeBattery—
Chuck typeHex—
Chuck size1/2 in—
Is variable speedY—
Volts18 Volts—

What reviewers say

Milwaukee 2992-22 M18 18-Volt Lithium-Ion Brushless Cordless Hammer Drill and Circular Saw Combo Kit (2-Tool) with Two 4.0 Ah Batteries

Owners of the 2902-20 drill and M18 circular saw generally rate both tools highly for power and build quality, and combo buyers like getting two tools on one battery platform. The most common complaints are battery runtime on the saw and the kit shipping with only 4.0 Ah packs.

Pros
  • Drill has strong torque for its compact size
  • Saw cuts framing lumber cleanly and consistently
  • Batteries and charger work across the whole M18 line
  • Tools feel durable and well built
Cons
  • Saw drains 4.0 Ah batteries quickly under heavy cutting
  • Some wish the kit included a larger battery or a hard case
  • Soft bag offers less protection than a molded case

Milwaukee 3697-25 M18 FUEL 5-tool Kit

Rated 4.7 out of 5 across more than 2,600 ratings, owners treat this as a dependable starter or upgrade kit for the M18 line. Complaints center on the bag and on which tools are bundled rather than on tool performance.

Questions and answers

Which kit is better for a homeowner starting out?
The 3697-25. For less money you get five tools, including an impact driver and recip saw, plus bigger 5.0 Ah batteries.
Is the 2992-22 worth $479.01 when the 5-tool kit is $399.99?
Only if you want a lighter two-tool kit. On price and tool count, the 3697-25 wins as of November 3, 2026.
Which has longer runtime?
The 3697-25, with two XC5.0 Ah batteries against the 2992-22's 4.0 Ah packs.
Do both use the same M18 batteries?
Yes. Both are 18V M18 tools, so batteries and chargers work across the system.
Which is easier to carry around?
The 2992-22 at 4.6 lb. The 3697-25 kit weighs 30.93 lb with all five tools and the bag.
Which hammer drill is more capable?
The 3697-25's drill reaches 2,100 rpm and has Auto-Stop kickback control; the 2992-22's drill tops out at 1,800 rpm with 725 in-lb torque.

More comparisons

  • Milwaukee 3697-22 M18 FUEL 2-Tool Combo Kit vs Milwaukee 3697-25 M18 FUEL 5-tool Kit
  • Milwaukee 3697-22 M18 FUEL 18V Cordless 2-Tool Combo Kit vs Milwaukee 3697-25 M18 FUEL 5-tool Kit
  • M18 FUEL 5-Tool Combo Kit vs Milwaukee 3697-25 M18 FUEL 5-tool Kit
  • Milwaukee 3697-22XBWR M18 FUEL 18V 2-Tool Combo Kit vs Milwaukee 3697-25 M18 FUEL 5-tool Kit
  • DeWalt DCKSS550D3P2 20V MAX Brushless 5-Tool Combo Kit with 5 Batteries, Charger and Rolling Storage Bag (11 Piece) vs Milwaukee 3697-25 M18 FUEL 5-tool Kit
  • Milwaukee 3697-25 M18 FUEL 5-Tool Combo Kit vs Milwaukee 3697-25 M18 FUEL 5-tool Kit
  • Milwaukee 3697-22 M18 FUEL 18V Brushless Cordless 2-Tool Combo Kit – Hammer Drill & Impact Driver vs Milwaukee 2992-22 M18 18-Volt Lithium-Ion Brushless Cordless Hammer Drill and Circular Saw Combo Kit (2-Tool) with Two 4.0 Ah Batteries
  • Milwaukee 2992-22 M18 18-Volt Lithium-Ion Brushless Cordless Hammer Drill and Circular Saw Combo Kit (2-Tool) with Two 4.0 Ah Batteries vs Ryobi 18V ONE+ 8-Tool Combo Kit
  • Brushless motor, 725 in-lb torque, 1,800 rpm.
  • Soft case, side handle and belt clips included.
  • Cons
    • No impact driver, recip saw or work light.
    • Costs $479.01, about $79 more than the 5-tool kit.
    • Only one store prices it new.
    • Smaller 4.0 Ah batteries than the 5-tool kit.
    Milwaukee
    Milwaukee 3697-25 M18 FUEL 5-tool Kit

    Milwaukee 3697-25 M18 FUEL 5-tool Kit

    4.7· 2,674 ratings
    $399.99at WoodArtSupplyObserved at 8:00 AM
    Visit store

    Choose the 3697-25 5-tool kit if you want five tools, two larger 5.0 Ah batteries and a lower price than the two-tool kit.

    Pros
    • Five brushless tools for $399.99 at WoodArtSupply.
    • Two XC5.0 Ah batteries give longer runtime.
    • Hammer drill has Auto-Stop kickback control.
    • Fits the M18 system of over 200 tools; 5-year warranty.
    Cons
    • Heavy kit at 30.93 lb with the bag.
    • Bag storage, not a hard case.
    • No bit set or blades beyond one circular saw blade.
    • Price history swung from $185.15 to $795.00 in days, so watch the deal.
    Circular saw only, 2-1/2 in depth at 90 degrees
    Circular saw plus SAWZALL recip saw
    Kit weight4.6 lb assembled30.93 lb kit
    All 5 stores and price history →
    Maximum speed1800 rpm—
    Battery capacity4 Amp Hours—
    Show all 40 specsShow fewer specs
    SpecMilwaukee 2992-22 M18 18-Volt Lithium-Ion Brushless Cordless Hammer Drill and Circular Saw Combo Kit (2-Tool) with Two 4.0 Ah BatteriesMilwaukee 3697-25 M18 FUEL 5-tool Kit
    Charger includedY—
    Torque725 in lb—
    FeaturesLightweight—
    Electric motor typeBrushless—
    AccessoriesCarrying Case, Side Handle, Belt Clips, Bit Hol…—
    Model2992-22—
    Assembled product weight4.6 lb—
    Minimum speed500 rpm—
    Watts800 Watts—
    Amps4 Amps—
    Brushless MotorYes—
    Soft CaseYes—
    With Multiple BatteriesYes—
    Total Tools—5
    Batteries included—2 x XC5.0 Ah
    Storage included—Zippered bag
    Warranty—5 years
    Power Source—Cordless
    Battery Voltage—18V
    Number Of Batteries—2
    Motor Type—Brushless
    Speed—2100 RPM
    Included Accessories—Charger, Circular Saw Blade, Side Handle, Belt …
    Case Type—Bag
    Weight—30.93 lb
    Material—Magnesium (shoe), Magnesium (blade guard)
    Colors—Red
    Intended Application—Drilling, Cutting, Fastening
    Pros
    • Tools feel powerful and run cool with the XC5.0 batteries
    • Hammer drill and impact driver handle daily jobsite use
    • Good value for five FUEL tools plus two batteries
    • Batteries and charger work with other M18 tools
    Cons
    • Bag is thin compared with a hard case
    • Some buyers would swap the work light for a multi-tool
    • Kit weight makes it awkward to carry up ladders

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