American Tower Corporation (REIT) drawdown: 41.4% below the all-time high
American Tower Corporation (REIT) is 41.4% below its all-time high, set Sep 8, 2021 (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
- −41.4%
- 58.6% of ATH
- All-time high
- $303.62
- Sep 8, 2021
- Time below the high
- 5.0 yrs
- since Sep 8, 2021
- Worst-ever drawdown
- −98.7%
- Oct 9, 2002
- Longest underwater
- 10.9 yrs
- between all-time highs
- Today's level first reached
- Mar 1, 2019
- 7.5 yrs ago
- Last time this deep
- Sep 3, 2009
- in a previous episode
% of all-time high since 1998#
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 |
|---|---|---|---|---|---|
| Mar 10, 2000 | Oct 9, 2002 | −98.7% | 2.6 yrs | Feb 10, 2011 | 10.9 yrs |
| Jul 23, 1998 | Oct 9, 1998 | −51.8% | 3 mo | Dec 28, 1998 | 5 mo |
| Sep 8, 2021 | Oct 4, 2023 | −48.1% | 2.1 yrs | not yet | 5.0 yrs+ |
| Jan 19, 1999 | Oct 26, 1999 | −42.3% | 9 mo | Dec 15, 1999 | 11 mo |
| Feb 13, 2020 | Mar 23, 2020 | −30.3% | 39 days | Apr 9, 2020 | 56 days |
| Jul 29, 2020 | Mar 8, 2021 | −26.8% | 7 mo | Jun 28, 2021 | 11 mo |
| Apr 3, 1998 | May 27, 1998 | −22.2% | 54 days | Jun 30, 1998 | 3 mo |
| Nov 28, 2014 | Feb 11, 2016 | −20.3% | 14 mo | Apr 6, 2016 | 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 1998: how far American Tower Corporation (REIT) 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 American Tower Corporation (REIT) from its all-time high?
- American Tower Corporation (REIT) is currently 41.4% below its all-time high, set Sep 8, 2021 (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 American Tower Corporation (REIT) drawdown ever?
- The deepest decline on record in our data (since 1998) took American Tower Corporation (REIT) 98.7% below its prior high, bottoming Oct 9, 2002. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from AMT; no free deep history exists for American Tower Corporation (REIT) — 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.