GM drawdown: 4.3% below the all-time high
General Motors Company (GM) is 4.3% below its all-time high, set Jan 27, 2026 (as of market close, Jul 24, 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 (2009).
- Below all-time high
- −4.3%
- 95.7% of ATH
- All-time high
- $86.38
- Jan 27, 2026
- Time below the high
- 6 mo
- since Jan 27, 2026
- Worst-ever drawdown
- −90.3%
- Aug 11, 2010
- Longest underwater
- 3.8 yrs
- between all-time highs
- Today's level first reached
- Dec 22, 2025
- 7 mo ago
- Last time this deep
- Jan 26, 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.
% of all-time high on the price basis — the all-time high considers the full history of GM, 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 |
|---|---|---|---|---|---|
| Jan 23, 2009 | Aug 11, 2010 | −90.3% | 1.5 yrs | Nov 18, 2010 | 1.8 yrs |
| Oct 24, 2017 | Mar 18, 2020 | −63.9% | 2.4 yrs | Jan 12, 2021 | 3.2 yrs |
| Jan 4, 2022 | Nov 9, 2023 | −59.5% | 1.8 yrs | Oct 21, 2025 | 3.8 yrs |
| Jan 7, 2011 | Jul 25, 2012 | −51.8% | 1.5 yrs | Dec 2, 2013 | 2.9 yrs |
| Dec 17, 2013 | Feb 11, 2016 | −35.2% | 2.2 yrs | Oct 2, 2017 | 3.8 yrs |
| Jun 8, 2021 | Aug 23, 2021 | −24.6% | 2 mo | Nov 17, 2021 | 5 mo |
| Nov 17, 2021 | Dec 20, 2021 | −16.4% | 33 days | Jan 4, 2022 | 48 days |
| Jan 27, 2026 | Mar 13, 2026 | −16.2% | 45 days | not yet | 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 2009: how far GM 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: GM 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 GM from its all-time high?
- GM is currently 4.3% below its all-time high, set Jan 27, 2026 (as of market close, Jul 24, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest GM drawdown ever?
- The deepest decline on record in our data (since 2009) took the stock 90.3% below its prior high, bottoming Aug 11, 2010. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 2009 (split-adjusted). "All-time" means since our price data begins — GM 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.