First Horizon Corporation drawdown: 48.9% below the all-time high
First Horizon Corporation is 48.9% below its all-time high, set Apr 1, 2004 (as of market close, Oct 2, 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
- −48.9%
- 51.1% of ATH
- All-time high
- $45.86
- Apr 1, 2004
- Time below the high
- 22.5 yrs
- since Apr 1, 2004
- Worst-ever drawdown
- −89.5%
- Jul 14, 2008
- Longest underwater
- 22.5 yrs
- between all-time highs
- Today's level first reached
- Jun 18, 1997
- 29.3 yrs ago
- Last time this deep
- Nov 28, 2000
- in a previous episode
% of all-time high since 1980#
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 |
|---|---|---|---|---|---|
| Apr 1, 2004 | Jul 14, 2008 | −89.5% | 4.3 yrs | not yet | 22.5 yrs+ |
| May 13, 1999 | Mar 13, 2000 | −64.5% | 10 mo | May 27, 2003 | 4.0 yrs |
| Apr 17, 1998 | Aug 31, 1998 | −33.4% | 4 mo | Dec 22, 1998 | 8 mo |
| Jun 5, 1990 | Oct 17, 1990 | −27.3% | 4 mo | Feb 13, 1991 | 8 mo |
| Apr 15, 1993 | Nov 12, 1993 | −22.9% | 7 mo | Aug 24, 1994 | 16 mo |
| Jun 5, 2003 | Sep 10, 2003 | −18.8% | 3 mo | Apr 1, 2004 | 10 mo |
| Aug 25, 1994 | Jan 25, 1995 | −17.8% | 5 mo | Jul 12, 1995 | 11 mo |
| Apr 4, 1996 | Jul 23, 1996 | −17.5% | 4 mo | Oct 8, 1996 | 6 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 1980: how far First Horizon 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 First Horizon Corporation from its all-time high?
- First Horizon Corporation is currently 48.9% below its all-time high, set Apr 1, 2004 (as of market close, Oct 2, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest First Horizon Corporation drawdown ever?
- The deepest decline on record in our data (since 1980) took First Horizon Corporation 89.5% below its prior high, bottoming Jul 14, 2008. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from FHN; no free deep history exists for First Horizon 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.