BJ drawdown: 22.0% below the all-time high
BJ's Wholesale Club Holdings Inc. (BJ) is 22.0% below its all-time high, set Apr 14, 2025 (as of market close, Aug 13, 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. "All-time" means since our price data begins (2018).
- Below all-time high
- −22.0%
- 78.0% of ATH
- All-time high
- $119.9
- Apr 14, 2025
- Time below the high
- 16 mo
- since Apr 14, 2025
- Worst-ever drawdown
- −38.8%
- Feb 28, 2020
- Longest underwater
- 1.7 yrs
- between all-time highs
- Today's level first reached
- Nov 22, 2024
- 1.7 yrs ago
- Last time this deep
- Jun 26, 2023
- in a previous episode
% of all-time high since 2018#
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.
% of all-time high on the price basis — the all-time high considers the full history of BJ, including years before the visible window. Dividends are excluded on this basis (the convention headlines use).
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 |
|---|---|---|---|---|---|
| Sep 6, 2018 | Feb 28, 2020 | −38.8% | 18 mo | May 21, 2020 | 1.7 yrs |
| Apr 14, 2025 | Jun 22, 2026 | −30.1% | 14 mo | not yet | 16 mo+ |
| Nov 18, 2021 | May 20, 2022 | −27.3% | 6 mo | Aug 18, 2022 | 9 mo |
| Nov 10, 2022 | Jun 16, 2023 | −23.7% | 7 mo | May 20, 2024 | 1.5 yrs |
| Jan 27, 2021 | Mar 4, 2021 | −21.8% | 36 days | Jul 20, 2021 | 6 mo |
| Aug 24, 2020 | Dec 28, 2020 | −21.3% | 4 mo | Jan 27, 2021 | 5 mo |
| Jul 16, 2024 | Sep 6, 2024 | −15.9% | 52 days | Nov 21, 2024 | 4 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 2018: how far BJ 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: BJ is on this chart precisely because it survived — the many stocks that fell this far and never recovered (or were delisted) aren't on anyone's chart, 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 BJ from its all-time high?
- BJ is currently 22.0% below its all-time high, set Apr 14, 2025 (as of market close, Aug 13, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest BJ drawdown ever?
- The deepest decline on record in our data (since 2018) took the stock 38.8% below its prior high, bottoming Feb 28, 2020. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 2018 (split-adjusted). "All-time" means since our price data begins — BJ may have traded earlier. For a 150-year index 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, 150 years of returns and the rolling-returns explorer. Past performance does not predict future returns; not investment advice.