Commercial Metals Company drawdown: 21.9% below the all-time high (price)
Commercial Metals Company is 21.9% below its all-time high, set Feb 11, 2026 (as of market close, Oct 16, 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
- −21.9%
- 78.1% of ATH
- All-time high
- $83.21
- Feb 11, 2026
- Time below the high
- 8 mo
- since Feb 11, 2026
- Worst-ever drawdown
- −83.9%
- Nov 20, 2008
- Longest underwater
- 13.7 yrs
- between all-time highs
- Today's level first reached
- Dec 3, 2025
- 10 mo ago
- Last time this deep
- Jun 30, 2025
- in a previous 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 |
|---|---|---|---|---|---|
| Jun 19, 2008 | Nov 20, 2008 | −83.9% | 5 mo | Mar 3, 2022 | 13.7 yrs |
| Jun 24, 2002 | Mar 6, 2003 | −48.0% | 8 mo | Oct 28, 2003 | 16 mo |
| Mar 23, 1998 | Mar 24, 1999 | −44.8% | 12 mo | Dec 27, 2001 | 3.8 yrs |
| May 10, 2006 | Sep 25, 2006 | −38.7% | 5 mo | Mar 30, 2007 | 11 mo |
| Dec 2, 2024 | Apr 8, 2025 | −38.1% | 4 mo | Nov 26, 2025 | 12 mo |
| Mar 4, 2005 | May 13, 2005 | −37.1% | 2 mo | Dec 12, 2005 | 9 mo |
| Jul 13, 2007 | Jan 22, 2008 | −35.6% | 6 mo | May 30, 2008 | 11 mo |
| Mar 8, 1989 | Dec 21, 1990 | −31.6% | 1.8 yrs | Apr 10, 1992 | 3.1 yrs |
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 Commercial Metals Company 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 Commercial Metals Company from its all-time high?
- Commercial Metals Company is currently 21.9% below its all-time high, set Feb 11, 2026 (as of market close, Oct 16, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Commercial Metals Company drawdown ever?
- The deepest decline on record in our data (since 1987) took Commercial Metals Company 83.9% below its prior high, bottoming Nov 20, 2008. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from CMC; no free deep history exists for Commercial Metals Company — 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.