KMB drawdown: 30.9% below the all-time high
Kimberly-Clark Corporation (KMB) is 30.9% below its all-time high, set Aug 12, 2020 (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 (1984).
- Below all-time high
- −30.9%
- 69.1% of ATH
- All-time high
- $158.8
- Aug 12, 2020
- Time below the high
- 5.9 yrs
- since Aug 12, 2020
- Worst-ever drawdown
- −41.4%
- Apr 7, 2026
- Longest underwater
- 6.4 yrs
- between all-time highs
- Today's level first reached
- Nov 3, 2014
- 11.7 yrs ago
- Last time this deep
- Apr 30, 2009
- in a previous episode
% of all-time high since 1984#
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 KMB, 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 |
|---|---|---|---|---|---|
| Aug 12, 2020 | Apr 7, 2026 | −41.4% | 5.7 yrs | not yet | 5.9 yrs+ |
| Jun 5, 2007 | Mar 9, 2009 | −39.7% | 1.8 yrs | Oct 12, 2011 | 4.4 yrs |
| Dec 4, 2000 | Mar 10, 2003 | −39.6% | 2.3 yrs | Apr 20, 2007 | 6.4 yrs |
| Mar 11, 1998 | Sep 10, 1998 | −36.6% | 6 mo | Apr 22, 1999 | 13 mo |
| Aug 21, 1987 | Oct 19, 1987 | −36.5% | 59 days | Jul 8, 1988 | 11 mo |
| Nov 17, 1999 | Mar 7, 2000 | −33.5% | 4 mo | Nov 22, 2000 | 12 mo |
| Dec 24, 1992 | Aug 12, 1993 | −28.9% | 8 mo | Jul 17, 1995 | 2.6 yrs |
| Apr 12, 2016 | Apr 23, 2018 | −28.7% | 2.0 yrs | Jul 3, 2019 | 3.2 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 1984: how far KMB 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: KMB 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 KMB from its all-time high?
- KMB is currently 30.9% below its all-time high, set Aug 12, 2020 (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 KMB drawdown ever?
- The deepest decline on record in our data (since 1984) took the stock 41.4% below its prior high, bottoming Apr 7, 2026. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1984 (split-adjusted). "All-time" means since our price data begins — KMB 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.
