Baxter International drawdown: 75.8% below the all-time high
Baxter International is 75.8% below its all-time high, set Apr 20, 2020 (as of market close, Sep 18, 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
- −75.8%
- 24.2% of ATH
- All-time high
- $94.14
- Apr 20, 2020
- Time below the high
- 6.4 yrs
- since Apr 20, 2020
- Worst-ever drawdown
- −83.2%
- Mar 30, 2026
- Longest underwater
- 7.6 yrs
- between all-time highs
- Today's level first reached
- Aug 24, 2000
- 26.1 yrs ago
- Last time this deep
- never before
- no prior −75.8% 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 20, 2020 | Mar 30, 2026 | −83.2% | 5.9 yrs | not yet | 6.4 yrs+ |
| Mar 27, 2002 | Apr 1, 2003 | −68.9% | 12 mo | Oct 25, 2007 | 5.6 yrs |
| Jul 25, 1983 | Dec 4, 1984 | −61.7% | 16 mo | Feb 19, 1991 | 7.6 yrs |
| Dec 30, 1991 | Sep 17, 1993 | −44.8% | 1.7 yrs | Jun 22, 1995 | 3.5 yrs |
| Aug 8, 2008 | Jun 9, 2010 | −43.1% | 1.8 yrs | Mar 26, 2013 | 4.6 yrs |
| Mar 15, 1999 | Mar 7, 2000 | −31.8% | 12 mo | Jul 21, 2000 | 16 mo |
| Jul 17, 1997 | Oct 27, 1997 | −26.7% | 3 mo | Mar 20, 1998 | 8 mo |
| Aug 5, 2015 | Oct 6, 2015 | −23.4% | 2 mo | Apr 6, 2016 | 8 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 1981: how far Baxter International 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 Baxter International from its all-time high?
- Baxter International is currently 75.8% below its all-time high, set Apr 20, 2020 (as of market close, Sep 18, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Baxter International drawdown ever?
- The deepest decline on record in our data (since 1981) took Baxter International 83.2% below its prior high, bottoming Mar 30, 2026. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from BAX; no free deep history exists for Baxter International — 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.