GOOG drawdown: 20.0% below the all-time high
Alphabet Inc. Class C (GOOG) is 20.0% below its all-time high, set May 13, 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 (2004).
- Below all-time high
- −20.0%
- 80.0% of ATH
- All-time high
- $399.0
- May 13, 2026
- Time below the high
- 2 mo
- since May 13, 2026
- Worst-ever drawdown
- −65.3%
- Nov 24, 2008
- Longest underwater
- 4.9 yrs
- between all-time highs
- Today's level first reached
- Nov 25, 2025
- 8 mo ago
- Last time this deep
- Mar 30, 2026
- in a previous episode
% of all-time high since 2004#
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 GOOG, 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 |
|---|---|---|---|---|---|
| Nov 6, 2007 | Nov 24, 2008 | −65.3% | 13 mo | Sep 24, 2012 | 4.9 yrs |
| Nov 18, 2021 | Nov 3, 2022 | −44.6% | 11 mo | Jan 25, 2024 | 2.2 yrs |
| Feb 19, 2020 | Mar 23, 2020 | −30.8% | 33 days | Jul 10, 2020 | 5 mo |
| Feb 4, 2025 | Apr 8, 2025 | −29.4% | 2 mo | Aug 25, 2025 | 7 mo |
| Jan 11, 2006 | Mar 13, 2006 | −28.5% | 2 mo | Oct 23, 2006 | 9 mo |
| Jul 26, 2018 | Dec 24, 2018 | −23.0% | 5 mo | Apr 26, 2019 | 9 mo |
| Jul 10, 2024 | Sep 9, 2024 | −22.4% | 2 mo | Dec 11, 2024 | 5 mo |
| Feb 2, 2026 | Mar 30, 2026 | −20.8% | 56 days | Apr 27, 2026 | 3 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 2004: how far GOOG 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: GOOG 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 GOOG from its all-time high?
- GOOG is currently 20.0% below its all-time high, set May 13, 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 GOOG drawdown ever?
- The deepest decline on record in our data (since 2004) took the stock 65.3% below its prior high, bottoming Nov 24, 2008. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 2004 (split-adjusted). "All-time" means since our price data begins — GOOG 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.