Alcon Inc. drawdown: 34.3% below the all-time high (price)
Alcon Inc. is 34.3% below its all-time high, set Sep 12, 2024 (as of market close, Oct 16, 2026), measured on price alone — dividends are not included, the convention headlines and crash histories use. 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.
- Below all-time high
- −34.3%
- 65.7% of ATH
- All-time high
- $100.76
- Sep 12, 2024
- Time below the high
- 2.1 yrs
- since Sep 12, 2024
- Worst-ever drawdown
- −38.4%
- May 11, 2026
- Longest underwater
- 2.4 yrs
- between all-time highs
- Today's level first reached
- Dec 29, 2020
- 5.8 yrs ago
- Last time this deep
- Nov 9, 2022
- in a previous episode
% of all-time high since 2019: price#
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. Basis and range are in the URL, so a particular view is a link.
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 |
|---|---|---|---|---|---|
| Sep 12, 2024 | May 11, 2026 | −38.4% | 1.7 yrs | not yet | 2.1 yrs+ |
| Feb 20, 2020 | Mar 23, 2020 | −37.2% | 32 days | May 29, 2020 | 3 mo |
| Dec 29, 2021 | Nov 3, 2022 | −36.1% | 10 mo | May 14, 2024 | 2.4 yrs |
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 2019: how far Alcon Inc. 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: a single asset's history is one surviving sample, 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 Alcon Inc. from its all-time high?
- Alcon Inc. is currently 34.3% below its all-time high, set Sep 12, 2024 (as of market close, Oct 16, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Alcon Inc. drawdown ever?
- The deepest decline on record in our data (since 2019) took Alcon Inc. 38.4% below its prior high, bottoming May 11, 2026. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from ALC; no free deep history exists for Alcon Inc. — for a 150-year 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. Past performance does not predict future returns; not investment advice.