Brown–Forman drawdown: 62.5% below the all-time high (price)
Brown–Forman is 62.5% below its all-time high, set Nov 24, 2020 (as of market close, Nov 4, 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
- −62.5%
- 37.5% of ATH
- All-time high
- $81.82
- Nov 24, 2020
- Time below the high
- 5.9 yrs
- since Nov 24, 2020
- Worst-ever drawdown
- −72.1%
- Mar 20, 2026
- Longest underwater
- 5.9 yrs
- between all-time highs
- Today's level first reached
- Jan 13, 2014
- 12.8 yrs ago
- Last time this deep
- never before
- no prior −62.5% episode
% of all-time high since 1987: 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 |
|---|---|---|---|---|---|
| Nov 24, 2020 | Mar 20, 2026 | −72.1% | 5.3 yrs | not yet | 5.9 yrs+ |
| Apr 6, 1987 | Dec 3, 1987 | −50.6% | 8 mo | Dec 7, 1988 | 1.7 yrs |
| Jan 6, 1999 | Mar 13, 2000 | −45.1% | 14 mo | Apr 22, 2002 | 3.3 yrs |
| Mar 17, 2006 | Mar 10, 2009 | −43.5% | 3.0 yrs | Dec 1, 2010 | 4.7 yrs |
| Jan 4, 1990 | Sep 26, 1990 | −37.2% | 9 mo | Apr 19, 1994 | 4.3 yrs |
| Jan 23, 2020 | Mar 23, 2020 | −35.4% | 2 mo | Aug 17, 2020 | 7 mo |
| May 2, 2002 | Jul 22, 2002 | −25.9% | 3 mo | Jun 13, 2003 | 13 mo |
| May 18, 2018 | Jan 3, 2019 | −23.4% | 8 mo | Sep 3, 2019 | 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 1987: how far Brown–Forman 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 Brown–Forman from its all-time high?
- Brown–Forman is currently 62.5% below its all-time high, set Nov 24, 2020 (as of market close, Nov 4, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Brown–Forman drawdown ever?
- The deepest decline on record in our data (since 1987) took Brown–Forman 72.1% below its prior high, bottoming Mar 20, 2026. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since 1987 from BF-B; no free deep history exists for Brown–Forman — 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.