A coil component includes: a pillar part, quadrangular planar parts formed at both ends of the pillar part, a coil formed by winding an insulating sheath conductor around the pillar part, electrode terminals that are electrically connected to both ends of the coil, and an outer sheath covering the coil at least partially; wherein the pillar part and quadrangular planar parts are made of ferrite material; the outer sheath contains metal magnetic grains and resin material; and based on a section obtained by cutting through the center of the pillar part vertically to the long-axis direction of the pillar part, the cross-section area of the pillar part is greater than the cross-section area of the outer sheath.