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Home/Financial Calculators/Depreciation Calculator

Depreciation Calculator

Calculate asset depreciation

Asset Cost ($)

Salvage Value ($)

Useful Life (years)

Result

Enter values and click Calculate to see results.

Financial

View All Financial Calculators →

Written by the EachTools Team

Last updated: January 2026

How Asset Depreciation Works

Depreciation spreads the cost of an asset over its useful life. Different methods include straight-line, declining balance, and sum-of-years.

Steps

Enter the asset's purchase price.
Input the salvage (residual) value.
Enter the useful life in years.
Select a depreciation method.
View the depreciation schedule and book value each year.