LH drawdown: at its all-time high
Labcorp Holdings Inc. (LH) is trading at its all-time high (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 (1990).
- Below all-time high
- at the high
- 100.0% of ATH
- All-time high
- $296.8
- Jul 24, 2026
- Time below the high
- 0 days
- since Jul 24, 2026
- Worst-ever drawdown
- −96.2%
- Aug 31, 1998
- Longest underwater
- 15.0 yrs
- between all-time highs
- Today's level first reached
- today
- a fresh record
% of all-time high since 1990#
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 LH, 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 30, 1991 | Aug 31, 1998 | −96.2% | 6.7 yrs | Jan 8, 2007 | 15.0 yrs |
| Feb 14, 2020 | Mar 23, 2020 | −46.6% | 38 days | Jul 20, 2020 | 5 mo |
| Jul 20, 1990 | Jan 7, 1991 | −44.7% | 6 mo | Mar 25, 1991 | 8 mo |
| Jun 15, 2018 | Dec 24, 2018 | −36.2% | 6 mo | Feb 13, 2020 | 1.7 yrs |
| Dec 31, 2021 | Oct 11, 2022 | −35.0% | 9 mo | Aug 13, 2025 | 3.6 yrs |
| Jul 6, 2007 | Mar 9, 2009 | −34.3% | 1.7 yrs | Nov 1, 2010 | 3.3 yrs |
| May 31, 2011 | Oct 5, 2011 | −24.6% | 4 mo | May 28, 2013 | 2.0 yrs |
| Mar 23, 2015 | Feb 8, 2016 | −21.3% | 11 mo | Jun 1, 2016 | 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 1990: how far LH 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: LH 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 LH from its all-time high?
- LH is currently at (or within half a percent of) its all-time high, set Jul 24, 2026.
- What was the biggest LH drawdown ever?
- The deepest decline on record in our data (since 1990) took the stock 96.2% below its prior high, bottoming Aug 31, 1998. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1990 (split-adjusted). "All-time" means since our price data begins — LH 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.