ADBE drawdown: 67.3% below the all-time high
Adobe Inc. (ADBE) is 67.3% below its all-time high, set Nov 19, 2021 (as of market close, Jul 24, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown. "All-time" means since our price data begins (1987).
- Below all-time high
- −67.3%
- 32.7% of ATH
- All-time high
- $688.4
- Nov 19, 2021
- Time below the high
- 4.7 yrs
- since Nov 19, 2021
- Worst-ever drawdown
- −79.9%
- Aug 5, 2002
- Longest underwater
- 6.0 yrs
- between all-time highs
- Today's level first reached
- Mar 16, 2018
- 8.4 yrs ago
- Last time this deep
- Mar 11, 2003
- in a previous episode
% of all-time high since 1987#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater.
% of all-time high on the price basis — the all-time high considers the full history of ADBE, including years before the visible window. Dividends are excluded on this basis (the convention headlines use).
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Nov 6, 2000 | Aug 5, 2002 | −79.9% | 1.7 yrs | Nov 16, 2006 | 6.0 yrs |
| May 8, 1987 | Oct 27, 1987 | −72.7% | 6 mo | May 15, 1989 | 2.0 yrs |
| Nov 19, 2021 | Jun 25, 2026 | −71.9% | 4.6 yrs | not yet | 4.7 yrs+ |
| Oct 24, 2007 | Mar 3, 2009 | −66.7% | 16 mo | Jul 12, 2013 | 5.7 yrs |
| Dec 5, 1995 | Aug 24, 1998 | −66.1% | 2.7 yrs | May 10, 1999 | 3.4 yrs |
| May 24, 1990 | Oct 11, 1990 | −64.9% | 5 mo | Mar 7, 1991 | 9 mo |
| Jan 2, 1992 | Oct 13, 1992 | −61.6% | 9 mo | May 19, 1993 | 17 mo |
| Jun 14, 1993 | Sep 17, 1993 | −54.5% | 3 mo | Oct 11, 1994 | 16 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 1987: how far ADBE stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: ADBE is on this chart precisely because it survived — the many stocks that fell this far and never recovered (or were delisted) aren't on anyone's chart, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ
- How far is ADBE from its all-time high?
- ADBE is currently 67.3% below its all-time high, set Nov 19, 2021 (as of market close, Jul 24, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest ADBE drawdown ever?
- The deepest decline on record in our data (since 1987) took the stock 79.9% below its prior high, bottoming Aug 5, 2002. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1987 (split-adjusted). "All-time" means since our price data begins — ADBE may have traded earlier. For a 150-year index drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year, 150 years of returns and the rolling-returns explorer. Past performance does not predict future returns; not investment advice.