CAH drawdown: 4.9% below the all-time high
Cardinal Health Inc. (CAH) is 4.9% below its all-time high, set Jul 7, 2026 (as of market close, Jul 24, 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 (1983).
- Below all-time high
- −4.9%
- 95.1% of ATH
- All-time high
- $239.7
- Jul 7, 2026
- Time below the high
- 17 days
- since Jul 7, 2026
- Worst-ever drawdown
- −67.6%
- Sep 2, 2009
- Longest underwater
- 13.3 yrs
- between all-time highs
- Today's level first reached
- Feb 27, 2026
- 5 mo ago
- Last time this deep
- Jun 10, 2026
- in a previous episode
% of all-time high since 1983#
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 CAH, 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 |
|---|---|---|---|---|---|
| Jun 20, 2001 | Sep 2, 2009 | −67.6% | 8.2 yrs | Sep 24, 2014 | 13.3 yrs |
| Apr 23, 2015 | Mar 23, 2020 | −55.2% | 4.9 yrs | Jun 21, 2023 | 8.2 yrs |
| Feb 3, 1999 | Mar 7, 2000 | −53.8% | 13 mo | Aug 31, 2000 | 1.6 yrs |
| Jul 21, 1986 | Dec 24, 1987 | −48.1% | 17 mo | Sep 26, 1988 | 2.2 yrs |
| Oct 1, 1991 | Dec 23, 1991 | −40.3% | 3 mo | Oct 12, 1993 | 2.0 yrs |
| Jan 9, 1984 | Dec 20, 1984 | −30.6% | 11 mo | Jan 23, 1986 | 2.0 yrs |
| Sep 29, 1998 | Oct 13, 1998 | −22.8% | 14 days | Dec 4, 1998 | 2 mo |
| Aug 1, 1990 | Aug 23, 1990 | −21.4% | 22 days | Oct 22, 1990 | 3 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 1983: how far CAH 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: CAH 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 CAH from its all-time high?
- CAH is currently 4.9% below its all-time high, set Jul 7, 2026 (as of market close, Jul 24, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest CAH drawdown ever?
- The deepest decline on record in our data (since 1983) took the stock 67.6% below its prior high, bottoming Sep 2, 2009. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1983 (split-adjusted). "All-time" means since our price data begins — CAH 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.