CRS drawdown: 13.5% below the all-time high
Carpenter Technology Corporation (CRS) is 13.5% below its all-time high, set Jul 6, 2026 (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 (1987).
- Below all-time high
- −13.5%
- 86.5% of ATH
- All-time high
- $619.3
- Jul 6, 2026
- Time below the high
- 38 days
- since Jul 6, 2026
- Worst-ever drawdown
- −85.0%
- Nov 20, 2008
- Longest underwater
- 16.3 yrs
- between all-time highs
- Today's level first reached
- Jun 11, 2026
- 2 mo ago
- Last time this deep
- Oct 22, 2025
- in a previous episode
% of all-time high since 1987#
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 CRS, 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 |
|---|---|---|---|---|---|
| Dec 10, 2007 | Nov 20, 2008 | −85.0% | 11 mo | Apr 8, 2024 | 16.3 yrs |
| Apr 23, 1998 | Mar 12, 2003 | −83.6% | 4.9 yrs | Nov 26, 2004 | 6.6 yrs |
| May 10, 2006 | Jul 26, 2006 | −35.1% | 3 mo | Jul 12, 2007 | 14 mo |
| Jul 16, 1990 | Nov 1, 1990 | −33.5% | 4 mo | Nov 16, 1993 | 3.3 yrs |
| Jul 19, 2007 | Aug 16, 2007 | −29.9% | 28 days | Nov 29, 2007 | 4 mo |
| Jan 23, 2025 | Apr 8, 2025 | −28.8% | 2 mo | May 2, 2025 | 3 mo |
| Nov 29, 1995 | Jul 15, 1996 | −28.4% | 8 mo | Jun 2, 1997 | 1.5 yrs |
| Mar 4, 2005 | May 13, 2005 | −27.1% | 2 mo | Dec 14, 2005 | 9 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 1987: how far CRS 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: CRS 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 CRS from its all-time high?
- CRS is currently 13.5% below its all-time high, set Jul 6, 2026 (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 CRS drawdown ever?
- The deepest decline on record in our data (since 1987) took the stock 85.0% 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 closing prices since 1987 (split-adjusted). "All-time" means since our price data begins — CRS 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.