Hole-drilling method is a commonly used method for measuring residual stress. The calibration coefficients in ASTM E837-13a would cause large errors due to the plasticity deformation of materials. In the study, calibration coefficients were modified in the plasticity deformation stage based on the distortion energy theory. The calibration experiment of calibration coefficients was simulated by the finite element model, and the plasticity modification formulas of 7075 aluminum alloy were obtained. From the results of uniaxial tensile loading test, the measuring errors of high residual stress are significantly reduced from -4.071% ~ 53.440% to -5.140% ~ 0.609% after the plasticity modification. This work provides an effective way to expand the application of hole-drilling method.