IRM drawdown: 3.5% below the all-time high
Iron Mountain Incorporated (Delaware)Common Stock REIT (IRM) is 3.5% below its all-time high, set Jun 23, 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 (1996).
- Below all-time high
- −3.5%
- 96.5% of ATH
- All-time high
- $133.1
- Jun 23, 2026
- Time below the high
- 31 days
- since Jun 23, 2026
- Worst-ever drawdown
- −55.7%
- Mar 3, 2009
- Longest underwater
- 5.4 yrs
- between all-time highs
- Today's level first reached
- May 5, 2026
- 3 mo ago
- Last time this deep
- Jun 17, 2026
- in a previous episode
% of all-time high since 1996#
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 IRM, 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 |
|---|---|---|---|---|---|
| Dec 26, 2007 | Mar 3, 2009 | −55.7% | 14 mo | May 3, 2013 | 5.4 yrs |
| Nov 24, 2017 | Apr 2, 2020 | −48.1% | 2.4 yrs | May 6, 2021 | 3.4 yrs |
| Feb 5, 2015 | Jan 20, 2016 | −40.2% | 11 mo | Jul 25, 2016 | 18 mo |
| Oct 28, 2024 | Apr 8, 2025 | −40.0% | 5 mo | May 4, 2026 | 1.5 yrs |
| May 10, 2013 | Oct 11, 2013 | −36.0% | 5 mo | Nov 3, 2014 | 18 mo |
| May 15, 2002 | Oct 7, 2002 | −34.8% | 5 mo | Nov 14, 2002 | 6 mo |
| Dec 31, 1998 | Oct 26, 1999 | −29.5% | 10 mo | Dec 13, 1999 | 11 mo |
| Dec 31, 1999 | Feb 28, 2000 | −25.8% | 59 days | Mar 1, 2001 | 14 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 1996: how far IRM 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: IRM 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 IRM from its all-time high?
- IRM is currently 3.5% below its all-time high, set Jun 23, 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 IRM drawdown ever?
- The deepest decline on record in our data (since 1996) took the stock 55.7% below its prior high, bottoming Mar 3, 2009. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1996 (split-adjusted). "All-time" means since our price data begins — IRM 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.