Finance Calculators

Straight-Line Depreciation Calculator

Calculate an asset's annual depreciation expense using the straight-line method.

Asset cost

Salvage value

Useful life

years

Annual depreciation expense —

Total depreciable amount —

About the Straight-Line Depreciation Calculator

Straight-line depreciation spreads the cost of an asset evenly over its useful life, making it the simplest and most widely used depreciation method for both accounting and tax purposes.

Formula: Annual Depreciation = (Asset Cost − Salvage Value) ÷ Useful Life (Years)

Unlike accelerated depreciation methods, straight-line depreciation expenses the same dollar amount every year, making it easy to forecast and budget for.