Graham Holdings Company drawdown: 2.5% below the all-time high (price)
Graham Holdings Company is 2.5% below its all-time high, set Jul 29, 2026 (as of market close, Oct 16, 2026), measured on price alone — dividends are not included, the convention headlines and crash histories use. 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
- −2.5%
- 97.5% of ATH
- All-time high
- $1,234
- Jul 29, 2026
- Time below the high
- 3 mo
- since Jul 29, 2026
- Worst-ever drawdown
- −69.1%
- Mar 9, 2009
- Longest underwater
- 10.1 yrs
- between all-time highs
- Today's level first reached
- Jul 28, 2026
- 3 mo ago
- Last time this deep
- Jul 24, 2026
- in a previous episode
% of all-time high since 1990: price#
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 |
|---|---|---|---|---|---|
| Dec 29, 2004 | Mar 9, 2009 | −69.1% | 4.2 yrs | Feb 18, 2015 | 10.1 yrs |
| Jul 30, 2019 | Mar 18, 2020 | −62.7% | 8 mo | Jan 25, 2024 | 4.5 yrs |
| Jul 7, 2015 | Jan 15, 2016 | −40.4% | 6 mo | Apr 24, 2019 | 3.8 yrs |
| Feb 7, 1990 | Oct 30, 1990 | −39.4% | 9 mo | Jan 6, 1994 | 3.9 yrs |
| Mar 2, 2001 | Oct 8, 2001 | −22.3% | 7 mo | Apr 22, 2002 | 14 mo |
| Jul 14, 1998 | Jul 27, 2000 | −21.6% | 2.0 yrs | Dec 11, 2000 | 2.4 yrs |
| Jan 6, 1994 | Apr 21, 1994 | −21.2% | 3 mo | Aug 2, 1995 | 1.6 yrs |
| Sep 26, 2025 | Oct 16, 2025 | −19.8% | 20 days | Jan 21, 2026 | 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 1990: how far Graham Holdings Company 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 Graham Holdings Company from its all-time high?
- Graham Holdings Company is currently 2.5% below its all-time high, set Jul 29, 2026 (as of market close, Oct 16, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Graham Holdings Company drawdown ever?
- The deepest decline on record in our data (since 1990) took Graham Holdings Company 69.1% below its prior high, bottoming Mar 9, 2009. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from GHC; no free deep history exists for Graham Holdings Company — 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.