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as of market close, Sep 11, 2026
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Fortinet Inc. drawdown: 9.7% below the all-time high

Fortinet Inc. is 9.7% below its all-time high, set Aug 27, 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
−9.7%
90.3% of ATH
All-time high
$172.78
Aug 27, 2026
Time below the high
15 days
since Aug 27, 2026
Worst-ever drawdown
−51.2%
Feb 11, 2016
Longest underwater
2.7 yrs
between all-time highs
Today's level first reached
Jul 1, 2026
2 mo ago
Last time this deep
Aug 24, 2026
in a previous episode

% of all-time high since 2009#

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%50%60%70%80%90%
FTNT close · log2.0010.0050.00
2010201520202025

The deepest drawdowns on record#

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

PeakTroughDepthPeak → troughRecovered byUnderwater
Aug 5, 2015Feb 11, 2016−51.2%6 moFeb 15, 20182.5 yrs
Jul 6, 2011Sep 23, 2011−42.3%3 moApr 2, 20129 mo
Apr 5, 2012Jun 24, 2013−41.9%15 moDec 17, 20142.7 yrs
Jul 17, 2023Nov 7, 2023−38.3%4 moOct 9, 202415 mo
Feb 6, 2020Mar 16, 2020−37.6%39 daysMay 7, 20203 mo
Dec 27, 2021Nov 3, 2022−37.5%10 moJun 15, 202318 mo
Feb 19, 2025Aug 8, 2025−35.1%6 moMay 11, 202615 mo
Oct 1, 2018Dec 24, 2018−29.0%3 moApr 12, 20196 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 2009: how far Fortinet 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 Fortinet Inc. from its all-time high?
Fortinet Inc. is currently 9.7% below its all-time high, set Aug 27, 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 Fortinet Inc. drawdown ever?
The deepest decline on record in our data (since 2009) took Fortinet Inc. 51.2% below its prior high, bottoming Feb 11, 2016. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from FTNT; no free deep history exists for Fortinet 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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