Equipment Depreciation Calculator
Calculate annual depreciation, per-shoot equipment cost, and replacement timeline for your photography gear.
About this calculator
This calculator applies straight-line depreciation — the simplest and most common method for tracking equipment value over time — to photography gear. It subtracts your expected salvage/resale value from the purchase price to get the depreciable amount, then divides that evenly across the useful life in years to produce a constant annual depreciation figure. Dividing by 12 gives a monthly figure, and dividing the annual amount by your shoots-per-year gives a per-shoot cost, which is the number most useful for pricing decisions: it tells you exactly how much of each session's revenue needs to go toward eventually replacing the camera or lens that made the shoot possible. The book value shown is a simplified midlife estimate — it assumes you're exactly halfway through the useful life span and calculates value as purchase price minus (annual depreciation × half the useful life), with any negative result clamped up to zero as a hard floor.
This is a rough snapshot, not a month-by-month depreciation schedule; if you want book value at any other point in the equipment's life, the underlying math is straightforward (purchase price minus annual depreciation times years elapsed) but this tool only reports the halfway mark. Replacement year is simply the useful life rounded up to the next whole year. Straight-line depreciation is a simplification: real gear often loses value faster in year one (as it goes from new to used) and slower afterward, and actual resale value depends heavily on market conditions, wear, and whether a newer model has depressed demand for the old one. Treat the salvage value input as an estimate you should revisit periodically against real resale listings, and note this tool doesn't model tax depreciation schedules (like MACRS) — for that, see a dedicated tax deductions calculator.
Inputs
Results
Annual Depreciation
$800.00
Cost per Shoot
$8.00
How to Use This Calculator
- Enter Equipment Purchase Price, Useful Life, and Salvage/Resale Value.
- Set Shoots per Year.
- Review Annual Depreciation ($) and Cost per Shoot ($).
- Use Monthly Depreciation ($) and Book Value (at midlife) ($) to inform your decision.
- Use the chart to visualize the results and explore different scenarios by adjusting inputs.
How the result changes with Equipment Purchase Price
| Equipment Purchase Price | Annual Depreciation | Cost per Shoot |
|---|---|---|
| $2,500.00 | $300.00 | $3.00 |
| $3,750.00 | $550.00 | $5.50 |
| $7,500.00 | $1,300.00 | $13.00 |
| $12,500.00 | $2,300.00 | $23.00 |
What each input means
- Equipment Purchase Price
- Original purchase price of the equipment.
- Useful Life
- Expected years of professional use before replacement.
- Salvage/Resale Value
- Expected resale value at end of useful life.
- Shoots per Year
- Number of shoots this equipment is used for annually.
What each result means
- Annual Depreciation
- Yearly depreciation expense.
- Monthly Depreciation
- Monthly depreciation for budgeting.
- Cost per Shoot
- Equipment cost allocated per shoot.
- Book Value (at midlife)
- Estimated current value at halfway point.
- Replace in Year
- Year when equipment should be replaced.
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersEquipment Purchase Price = 5000, Useful Life = 5, Salvage/Resale Value = 1000, Shoots per Year = 100 = 4 input(s) provided
- Calculate Annual DepreciationAnnual Depreciation800 = $800
- Calculate Cost per ShootCost per Shoot8 = $8
- Calculate Monthly DepreciationMonthly Depreciation66.67 = $66.67
- Calculate Book ValueBook Value = Math3000 = $3,000
Engine last updated . Checked against 2 independently-derived tests — how we verify calculators. Built by Paul Gunder, a software engineer, not a licensed financial, medical, or legal professional.
Frequently Asked Questions
Why does Book Value only show one midlife number instead of a full year-by-year schedule?
The calculator reports a single snapshot assuming you're exactly halfway through the useful life — purchase price minus (annual depreciation × half the useful life). If you want the value at a different point, apply the same subtraction yourself using the actual number of years elapsed instead of half the useful life; the tool doesn't generate a full multi-year table.
What does the Replace in Year output actually mean?
It's simply the Useful Life input rounded up to the next whole year using Math.ceil, so a 4.5-year useful life reports year 5. It's a planning cue for when to start budgeting for replacement gear, not a strict deadline the equipment stops working on.
How does Cost per Shoot help with pricing my sessions?
Cost per Shoot divides annual depreciation by your Shoots per Year input, telling you how much of each session's revenue needs to be set aside to eventually fund replacing the gear that made the shoot possible. Booking more shoots per year with the same equipment spreads that same annual depreciation across more sessions, lowering the per-shoot figure.
Does this calculator handle tax depreciation methods like Section 179 or MACRS?
No — it only models straight-line depreciation, which spreads the depreciable amount evenly across every year of useful life for business planning purposes. Real tax depreciation schedules like MACRS front-load deductions differently and follow IRS rules this tool doesn't apply, so use a dedicated tax deductions calculator for filing-related figures.
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