Applied Materials Inc. drawdown: 37.7% below the all-time high
Applied Materials Inc. is 37.7% below its all-time high, set Jun 30, 2026 (as of market close, Sep 11, 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.
- Below all-time high
- −37.7%
- 62.3% of ATH
- All-time high
- $732.45
- Jun 30, 2026
- Time below the high
- 2 mo
- since Jun 30, 2026
- Worst-ever drawdown
- −85.8%
- Nov 20, 2008
- Longest underwater
- 17.6 yrs
- between all-time highs
- Today's level first reached
- Jun 1, 2026
- 3 mo ago
- Last time this deep
- Sep 4, 2025
- in a previous episode
% of all-time high since 1981#
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 |
|---|---|---|---|---|---|
| Apr 7, 2000 | Nov 20, 2008 | −85.8% | 8.6 yrs | Nov 16, 2017 | 17.6 yrs |
| Oct 5, 1987 | Oct 27, 1987 | −65.4% | 22 days | Jun 14, 1988 | 8 mo |
| Aug 16, 1995 | Jul 24, 1996 | −61.9% | 11 mo | May 5, 1997 | 1.7 yrs |
| Jul 12, 1990 | Nov 8, 1990 | −58.8% | 4 mo | Feb 12, 1992 | 1.6 yrs |
| Aug 20, 1997 | Oct 8, 1998 | −58.6% | 14 mo | Jan 7, 1999 | 17 mo |
| Jan 14, 2022 | Oct 17, 2022 | −55.4% | 9 mo | Jan 19, 2024 | 2.0 yrs |
| Feb 8, 1985 | Oct 22, 1986 | −55.2% | 1.7 yrs | Feb 17, 1987 | 2.0 yrs |
| Mar 9, 2018 | Dec 24, 2018 | −52.9% | 10 mo | Nov 15, 2019 | 1.7 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 1981: how far Applied Materials 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 Applied Materials Inc. from its all-time high?
- Applied Materials Inc. is currently 37.7% below its all-time high, set Jun 30, 2026 (as of market close, Sep 11, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Applied Materials Inc. drawdown ever?
- The deepest decline on record in our data (since 1981) took Applied Materials Inc. 85.8% below its prior high, bottoming Nov 20, 2008. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from AMAT; no free deep history exists for Applied Materials 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.