International Paper Company drawdown: 44.0% below the all-time high
International Paper Company is 44.0% below its all-time high, set Jan 29, 2018 (as of market close, Sep 18, 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
- −44.0%
- 56.0% of ATH
- All-time high
- $61.63
- Jan 29, 2018
- Time below the high
- 8.6 yrs
- since Jan 29, 2018
- Worst-ever drawdown
- −93.2%
- Mar 6, 2009
- Longest underwater
- 20.5 yrs
- between all-time highs
- Today's level first reached
- Oct 16, 1991
- 34.9 yrs ago
- Last time this deep
- Jan 28, 2016
- in a previous episode
% of all-time high since 1970#
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 |
|---|---|---|---|---|---|
| Jul 17, 1997 | Mar 6, 2009 | −93.2% | 11.6 yrs | Jan 2, 2018 | 20.5 yrs |
| Mar 10, 1976 | Apr 17, 1980 | −60.7% | 4.1 yrs | Jan 7, 1987 | 10.8 yrs |
| Jan 29, 2018 | Mar 23, 2020 | −59.3% | 2.1 yrs | not yet | 8.6 yrs+ |
| Apr 6, 1987 | Oct 26, 1987 | −48.3% | 7 mo | Aug 25, 1989 | 2.4 yrs |
| Jan 3, 1974 | Dec 6, 1974 | −43.2% | 11 mo | Aug 7, 1975 | 1.6 yrs |
| Jan 5, 1970 | May 26, 1970 | −28.4% | 5 mo | Apr 28, 1971 | 16 mo |
| Apr 29, 1971 | Nov 17, 1971 | −28.1% | 7 mo | May 26, 1972 | 13 mo |
| Mar 19, 1992 | Oct 14, 1993 | −27.2% | 1.6 yrs | Sep 19, 1994 | 2.5 yrs |
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 1970: how far International Paper 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 International Paper Company from its all-time high?
- International Paper Company is currently 44.0% below its all-time high, set Jan 29, 2018 (as of market close, Sep 18, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest International Paper Company drawdown ever?
- The deepest decline on record in our data (since 1970) took International Paper Company 93.2% below its prior high, bottoming Mar 6, 2009. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from IP; no free deep history exists for International Paper 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.