CMS Energy Corporation drawdown: 18.3% below the all-time high
CMS Energy Corporation is 18.3% below its all-time high, set Apr 9, 2026 (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
- −18.3%
- 81.7% of ATH
- All-time high
- $79.94
- Apr 9, 2026
- Time below the high
- 5 mo
- since Apr 9, 2026
- Worst-ever drawdown
- −93.0%
- Mar 11, 2003
- Longest underwater
- 18.9 yrs
- between all-time highs
- Today's level first reached
- Jan 16, 2020
- 6.7 yrs ago
- Last time this deep
- Jul 10, 2024
- in a previous episode
% of all-time high since 1975#
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 |
|---|---|---|---|---|---|
| Dec 3, 1998 | Mar 11, 2003 | −93.0% | 4.3 yrs | Nov 14, 2017 | 18.9 yrs |
| Apr 11, 1975 | Jan 7, 1985 | −69.7% | 9.7 yrs | Oct 28, 1986 | 11.5 yrs |
| Jan 3, 1990 | Apr 23, 1992 | −61.0% | 2.3 yrs | Nov 25, 1997 | 7.9 yrs |
| Jun 16, 1987 | Oct 19, 1987 | −45.2% | 4 mo | Jun 14, 1988 | 12 mo |
| Apr 6, 2022 | Oct 2, 2023 | −31.3% | 18 mo | Mar 3, 2025 | 2.9 yrs |
| Feb 18, 2020 | Mar 23, 2020 | −29.6% | 34 days | Mar 25, 2022 | 2.1 yrs |
| Apr 9, 2026 | Sep 18, 2026 | −18.3% | 5 mo | not yet | 5 mo+ |
| Nov 14, 2017 | Feb 8, 2018 | −17.4% | 3 mo | Sep 6, 2018 | 10 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 1975: how far CMS Energy Corporation 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 CMS Energy Corporation from its all-time high?
- CMS Energy Corporation is currently 18.3% below its all-time high, set Apr 9, 2026 (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 CMS Energy Corporation drawdown ever?
- The deepest decline on record in our data (since 1975) took CMS Energy Corporation 93.0% below its prior high, bottoming Mar 11, 2003. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from CMS; no free deep history exists for CMS Energy Corporation — 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.