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A permanent magnet of the embodiment includes : a composition represented by a composition formula : R(FepMqCurCtCol-p-q-r-t)z (R is at least one element selected from rare-earth elements, M is at least one element selected from Ti, Zr and Hf, 0.01 ≤ p ≤ 0.01 ≤ q ≤ 0.01 ≤ r ≤ 0.1, 0.002 ≤ t ≤ 0.03, and 6 ≤ z ≤ 9); and a metallic structure including a main phase containing a Th2Zn17 crystal phase, and a sub phase of the element M having an element M concentration of 30 atomic% or more. The sub phase of the element M precipitates in the metallic structure. A ratio of a circumferential length to a precipitated area of the sub phase of the element M is 1 or more and 10 or less.