ES drawdown: 24.2% below the all-time high
Eversource Energy (D/B/A) (ES) is 24.2% below its all-time high, set Mar 4, 2020 (as of market close, Jul 27, 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 (1975).
- Below all-time high
- −24.2%
- 75.8% of ATH
- All-time high
- $98.54
- Mar 4, 2020
- Time below the high
- 6.4 yrs
- since Mar 4, 2020
- Worst-ever drawdown
- −73.0%
- Apr 4, 1997
- Longest underwater
- 13.8 yrs
- between all-time highs
- Today's level first reached
- May 23, 2019
- 7.2 yrs ago
- Last time this deep
- Jun 9, 2010
- 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.
% of all-time high on the price basis — the all-time high considers the full history of ES, 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 |
|---|---|---|---|---|---|
| Feb 22, 1993 | Apr 4, 1997 | −73.0% | 4.1 yrs | Dec 5, 2006 | 13.8 yrs |
| Mar 4, 2020 | Oct 23, 2023 | −46.8% | 3.6 yrs | not yet | 6.4 yrs+ |
| Apr 3, 2007 | Oct 10, 2008 | −42.9% | 1.5 yrs | Feb 1, 2011 | 3.8 yrs |
| Aug 21, 1986 | Sep 21, 1990 | −35.7% | 4.1 yrs | Feb 3, 1993 | 6.5 yrs |
| Apr 11, 1986 | Jun 11, 1986 | −20.4% | 2 mo | Jul 11, 1986 | 3 mo |
| Nov 14, 2017 | Jun 11, 2018 | −19.7% | 7 mo | Nov 15, 2018 | 12 mo |
| Jan 29, 2015 | Jun 30, 2015 | −19.5% | 5 mo | Feb 25, 2016 | 13 mo |
| Jul 18, 1985 | Sep 30, 1985 | −17.5% | 2 mo | Nov 15, 1985 | 4 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 ES 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: ES 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 ES from its all-time high?
- ES is currently 24.2% below its all-time high, set Mar 4, 2020 (as of market close, Jul 27, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest ES drawdown ever?
- The deepest decline on record in our data (since 1975) took the stock 73.0% below its prior high, bottoming Apr 4, 1997. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1975 (split-adjusted). "All-time" means since our price data begins — ES 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.