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as of market close, Sep 11, 2026
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Delta Air Lines Inc. drawdown: 14.7% below the all-time high

Delta Air Lines Inc. is 14.7% below its all-time high, set Jun 30, 2026 (as of market close, Sep 11, 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
−14.7%
85.3% of ATH
All-time high
$93.72
Jun 30, 2026
Time below the high
2 mo
since Jun 30, 2026
Worst-ever drawdown
−81.7%
Mar 5, 2009
Longest underwater
6.0 yrs
between all-time highs
Today's level first reached
May 27, 2026
4 mo ago
Last time this deep
Mar 30, 2026
in a previous episode

% of all-time high since 2007#

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%20%40%60%80%
DAL close · log5.0010.0020.0050.00
2010201520202025

The deepest drawdowns on record#

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

PeakTroughDepthPeak → troughRecovered byUnderwater
Jul 19, 2007Mar 5, 2009−81.7%1.6 yrsJul 26, 20136.0 yrs
Jul 24, 2019May 15, 2020−69.6%10 moNov 11, 20245.3 yrs
Feb 5, 2025Apr 8, 2025−48.0%2 moDec 10, 202510 mo
Dec 24, 2015Jun 27, 2016−36.2%6 moJun 7, 201717 mo
Jun 6, 2014Oct 13, 2014−26.8%4 moNov 4, 20145 mo
Nov 30, 2018Jan 3, 2019−24.9%34 daysJul 12, 20197 mo
Feb 6, 2026Mar 12, 2026−23.1%34 daysMay 21, 20263 mo
Jan 22, 2015Jul 2, 2015−21.1%5 moOct 22, 20159 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 2007: how far Delta Air Lines Inc. 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 Delta Air Lines Inc. from its all-time high?
Delta Air Lines Inc. is currently 14.7% below its all-time high, set Jun 30, 2026 (as of market close, Sep 11, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest Delta Air Lines Inc. drawdown ever?
The deepest decline on record in our data (since 2007) took Delta Air Lines Inc. 81.7% below its prior high, bottoming Mar 5, 2009. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from DAL; no free deep history exists for Delta Air Lines Inc. — 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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