LLY drawdown: 3.2% below the all-time high
Eli Lilly and Company (LLY) is 3.2% below its all-time high, set Jul 7, 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 (1972).
- Below all-time high
- −3.2%
- 96.8% of ATH
- All-time high
- $1,236
- Jul 7, 2026
- Time below the high
- 17 days
- since Jul 7, 2026
- Worst-ever drawdown
- −74.7%
- Mar 5, 2009
- Longest underwater
- 18.2 yrs
- between all-time highs
- Today's level first reached
- Jun 26, 2026
- 28 days ago
- Last time this deep
- Jun 24, 2026
- in a previous episode
% of all-time high since 1972#
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 LLY, 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 8, 2000 | Mar 5, 2009 | −74.7% | 8.6 yrs | Oct 3, 2018 | 18.2 yrs |
| Jul 25, 1973 | Sep 21, 1977 | −64.1% | 4.2 yrs | Oct 23, 1985 | 12.2 yrs |
| Jul 16, 1990 | Aug 13, 1993 | −51.4% | 3.1 yrs | Sep 21, 1995 | 5.2 yrs |
| Mar 5, 1999 | Mar 7, 2000 | −44.1% | 12 mo | Jun 29, 2000 | 16 mo |
| Sep 14, 1987 | Oct 19, 1987 | −40.7% | 35 days | Apr 10, 1989 | 1.6 yrs |
| Aug 30, 2024 | Aug 8, 2025 | −34.8% | 11 mo | Nov 10, 2025 | 14 mo |
| Nov 25, 2025 | Apr 29, 2026 | −23.3% | 5 mo | May 28, 2026 | 6 mo |
| Jul 8, 2020 | Oct 30, 2020 | −22.9% | 4 mo | Dec 16, 2020 | 5 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 1972: how far LLY 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: LLY 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 LLY from its all-time high?
- LLY is currently 3.2% below its all-time high, set Jul 7, 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 LLY drawdown ever?
- The deepest decline on record in our data (since 1972) took the stock 74.7% 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 1972 (split-adjusted). "All-time" means since our price data begins — LLY 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.