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Canadian Pacific Kansas City LimitedStock · Industrials
$87.48-1.46%
as of market close, Sep 18, 2026
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Canadian Pacific Kansas City Limited drawdown: 9.5% below the all-time high

Canadian Pacific Kansas City Limited is 9.5% below its all-time high, set Aug 21, 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
−9.5%
90.5% of ATH
All-time high
$96.69
Aug 21, 2026
Time below the high
28 days
since Aug 21, 2026
Worst-ever drawdown
−70.0%
Mar 9, 2009
Longest underwater
7.1 yrs
between all-time highs
Today's level first reached
Mar 6, 2024
2.5 yrs ago
Last time this deep
Apr 22, 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. Basis and range are in the URL, so a particular view is a link.

Basis
Range
All-time high = 100%40%60%80%
CP close · log1.005.0020.00
1990200020102020

The deepest drawdowns on record#

Every decline of 15% or more from an all-time high (price basis), deepest first.

PeakTroughDepthPeak → troughRecovered byUnderwater
Jul 18, 2007Mar 9, 2009−70.0%1.6 yrsAug 16, 20125.1 yrs
Aug 30, 1989Nov 17, 1992−55.2%3.2 yrsOct 15, 19967.1 yrs
Oct 6, 2014Jan 20, 2016−51.5%15 moOct 1, 20184.0 yrs
May 21, 1998Mar 3, 1999−46.0%9 moFeb 1, 20012.7 yrs
Jul 22, 1987Dec 4, 1987−37.6%4 moJul 28, 19892.0 yrs
Jun 18, 1985Aug 4, 1986−36.5%14 moFeb 4, 19871.6 yrs
Jan 12, 1984Jul 24, 1984−34.4%6 moJan 30, 198513 mo
Feb 13, 2020Mar 23, 2020−33.7%39 daysJul 17, 20205 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 Canadian Pacific Kansas City Limited stood below its all-time high, and the total return over the following 1, 5 and 10 years.

1950–19992000–today

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 Canadian Pacific Kansas City Limited from its all-time high?
Canadian Pacific Kansas City Limited is currently 9.5% below its all-time high, set Aug 21, 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 Canadian Pacific Kansas City Limited drawdown ever?
The deepest decline on record in our data (since 1983) took Canadian Pacific Kansas City Limited 70.0% below its prior high, bottoming Mar 9, 2009. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from CP; no free deep history exists for Canadian Pacific Kansas City Limited — 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.

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