ITW drawdown: 5.5% below the all-time high
Illinois Tool Works Inc. (ITW) is 5.5% below its all-time high, set Feb 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 (1973).
- Below all-time high
- −5.5%
- 94.5% of ATH
- All-time high
- $299.6
- Feb 13, 2026
- Time below the high
- 5 mo
- since Feb 13, 2026
- Worst-ever drawdown
- −56.4%
- Mar 5, 2009
- Longest underwater
- 9.2 yrs
- between all-time highs
- Today's level first reached
- Feb 4, 2026
- 6 mo ago
- Last time this deep
- Jan 30, 2026
- in a previous episode
% of all-time high since 1973#
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 ITW, 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 |
|---|---|---|---|---|---|
| Oct 12, 2007 | Mar 5, 2009 | −56.4% | 17 mo | Aug 17, 2012 | 4.8 yrs |
| Nov 1, 1973 | Mar 8, 1978 | −42.1% | 4.3 yrs | Dec 31, 1982 | 9.2 yrs |
| Jun 30, 1999 | Sep 21, 2001 | −39.9% | 2.2 yrs | Dec 8, 2003 | 4.4 yrs |
| Feb 20, 2020 | Mar 23, 2020 | −37.8% | 32 days | Aug 7, 2020 | 6 mo |
| May 14, 1998 | Sep 11, 1998 | −36.8% | 4 mo | Apr 15, 1999 | 11 mo |
| Jan 26, 2018 | Dec 24, 2018 | −33.5% | 11 mo | Dec 12, 2019 | 1.9 yrs |
| Jul 17, 1990 | Nov 1, 1990 | −31.0% | 4 mo | Mar 15, 1991 | 8 mo |
| Jan 4, 2022 | Jul 14, 2022 | −28.9% | 6 mo | Feb 2, 2023 | 13 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 1973: how far ITW 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: ITW 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 ITW from its all-time high?
- ITW is currently 5.5% below its all-time high, set Feb 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 ITW drawdown ever?
- The deepest decline on record in our data (since 1973) took the stock 56.4% below its prior high, bottoming Mar 5, 2009. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1973 (split-adjusted). "All-time" means since our price data begins — ITW 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.