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Equipment Depreciation Calculator

Calculate asset depreciation using straight-line, declining balance, double-declining, or sum-of-years digits methods — see annual expense, book value, and accumulated depreciation.

Free foreverReal-time calculationMultiple methodsNo credit card
$

Original purchase price of the asset

$

Estimated value at end of useful life

years

Expected useful life of the asset

Which year of the asset's life to calculate for

How it works

1

Enter asset details

Input the purchase cost, salvage value, and useful life of your equipment or asset.

2

Choose a method

Select from straight-line, declining balance, double-declining balance, or sum-of-years digits depreciation.

3

View depreciation

See annual and monthly depreciation, accumulated depreciation, and current book value for any year of ownership.

Track equipment depreciation at scale

Create a free account to manage depreciation schedules across your entire fleet, generate tax-ready reports, and get alerts before assets reach end of useful life.

Get started free