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ALK
$35.13-3.75%
as of close, Oct 16, 2026
☾ AH $35.13 -3.75%
Alaska Air Group Inc.Stock · IndustrialsRussell 3000 0.009%Russell 1000 0.009%US Stock Market 0.008%
PeersSPCXBEGEVCATBARKLB

Alaska Air Group Inc. drawdown: 65.0% below the all-time high (price)

Alaska Air Group Inc. is 65.0% below its all-time high, set Mar 1, 2017 (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
−65.0%
35.0% of ATH
All-time high
$100.24
Mar 1, 2017
Time below the high
9.6 yrs
since Mar 1, 2017
Worst-ever drawdown
−82.7%
Jul 15, 2008
Longest underwater
12.7 yrs
between all-time highs
Today's level first reached
Oct 29, 2013
13.0 yrs ago
Last time this deep
Jul 22, 2009
in a previous episode

% of all-time high since 1983: 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.

Basis
Range
All-time high = 100%20%40%60%80%
ALK close · log5.0010.0020.0050.00100
1990200020102020

The deepest drawdowns on record#

Every decline of 15% or more from an all-time high (price basis), deepest first.

PeakTroughDepthPeak → troughRecovered byUnderwater
Apr 22, 1998Jul 15, 2008−82.7%10.2 yrsJan 7, 201112.7 yrs
Mar 1, 2017Mar 20, 2020−76.5%3.1 yrsnot yet9.6 yrs+
Aug 10, 1989Aug 11, 1993−59.1%4.0 yrsSep 10, 19978.1 yrs
Feb 20, 1987Dec 10, 1987−53.2%10 moApr 19, 19892.2 yrs
Jun 9, 1983Jul 16, 1984−49.0%13 moJan 31, 19851.6 yrs
Jul 19, 1985Jul 14, 1986−44.2%12 moFeb 19, 19871.6 yrs
Dec 7, 2015Jun 27, 2016−35.5%7 moDec 7, 201612 mo
May 12, 2011Oct 3, 2011−26.4%5 moDec 1, 20117 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 1983: how far Alaska Air Group Inc. stood below its all-time high, and the total return over the following 1, 5 and 10 years.

1950–19992000–today

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 Alaska Air Group Inc. from its all-time high?
Alaska Air Group Inc. is currently 65.0% below its all-time high, set Mar 1, 2017 (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 Alaska Air Group Inc. drawdown ever?
The deepest decline on record in our data (since 1983) took Alaska Air Group Inc. 82.7% below its prior high, bottoming Jul 15, 2008. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from ALK; no free deep history exists for Alaska Air Group 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.

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