Provided is a weld metal for Cr--Mo steels which is suppressed in the formation of ferrite bands and therefore has heightened toughness and tensile strength and at the same time, good SR cracking resistance.The weld metal according to the present invention contains C: 0.02 to 0.06% (mass %, which will equally apply hereinafter), Si: 0.1 to 1.0%, Mn: 0.3 to 1.5%, Cr: 2.0 to 3.25%, Mo: 0.8 to 1.2%, Ti: 0.010 to 0.05%, B: 0.0005% or less (inclusive of 0%), N: 0.002 to 0.0120%, O: 0.03 to 0.07%, and the balance being Fe and inevitable impurities, wherein a ratio of the Ti content [Ti] to the N content [N] satisfies the following range: 2.00<[Ti]/[N]<6.25.