A magnetostrictive torque sensor includes detection coils formed around a magnetostrictive material made of chrome steel or chrome molybdenum steel, a magnetic ring configured to cover around the detection coils, and a drive unit for providing alternating current excitation to the detection coils at an excitation frequency of 50 kHz or more and 333 kHz or less. A torque applied to the magnetostrictive material is detected based on a change in inductance of the detection coils. The magnetic ring is configured by wrapping around the detection coils with an amorphous tape made of amorphous soft magnetic material in a tape shape. The thickness of the magnetic ring is 1.455 times or more as thick as a skin effect thickness of the magnetostrictive material and less than 1.000 mm.