HMC drawdown: 30.9% below the all-time high
Honda Motor Company Ltd. (HMC) is 30.9% below its all-time high, set Feb 18, 2011 (as of market close, Aug 6, 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 (1980).
- Below all-time high
- −30.9%
- 69.1% of ATH
- All-time high
- $44.49
- Feb 18, 2011
- Time below the high
- 15.5 yrs
- since Feb 18, 2011
- Worst-ever drawdown
- −58.9%
- Mar 31, 1982
- Longest underwater
- 15.5 yrs
- between all-time highs
- Today's level first reached
- Mar 20, 2006
- 20.4 yrs ago
- Last time this deep
- Jul 22, 2009
- 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.
% of all-time high on the price basis — the all-time high considers the full history of HMC, 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 |
|---|---|---|---|---|---|
| Jun 15, 1981 | Mar 31, 1982 | −58.9% | 9 mo | May 3, 1984 | 2.9 yrs |
| Feb 14, 2007 | Dec 4, 2008 | −55.4% | 1.8 yrs | Jan 24, 2011 | 3.9 yrs |
| Feb 18, 2011 | Mar 23, 2020 | −55.4% | 9.1 yrs | not yet | 15.5 yrs+ |
| Jul 28, 1988 | Jan 30, 1991 | −53.0% | 2.5 yrs | Jun 2, 1994 | 5.8 yrs |
| Apr 6, 1999 | Sep 21, 2001 | −41.6% | 2.5 yrs | May 1, 2002 | 3.1 yrs |
| Oct 13, 1987 | Oct 26, 1987 | −36.6% | 13 days | Mar 7, 1988 | 5 mo |
| May 1, 2002 | Apr 25, 2003 | −34.5% | 12 mo | Jun 23, 2004 | 2.1 yrs |
| Jul 17, 1998 | Oct 9, 1998 | −34.1% | 3 mo | Mar 9, 1999 | 8 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 HMC 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: HMC 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 HMC from its all-time high?
- HMC is currently 30.9% below its all-time high, set Feb 18, 2011 (as of market close, Aug 6, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest HMC drawdown ever?
- The deepest decline on record in our data (since 1980) took the stock 58.9% below its prior high, bottoming Mar 31, 1982. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1980 (split-adjusted). "All-time" means since our price data begins — HMC 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.