Macy's Inc drawdown: 67.0% below the all-time high (price)
Macy's Inc is 67.0% below its all-time high, set Jul 16, 2015 (as of market close, Oct 16, 2026), measured on price alone — dividends are not included, the convention headlines and crash histories use. 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.
- Below all-time high
- −67.0%
- 33.0% of ATH
- All-time high
- $72.8
- Jul 16, 2015
- Time below the high
- 11.3 yrs
- since Jul 16, 2015
- Worst-ever drawdown
- −93.9%
- Apr 1, 2020
- Longest underwater
- 11.3 yrs
- between all-time highs
- Today's level first reached
- Dec 3, 1997
- 28.9 yrs ago
- Last time this deep
- Sep 4, 2009
- in a previous episode
% of all-time high since 1992: price#
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. Basis and range are in the URL, so a particular view is a link.
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 |
|---|---|---|---|---|---|
| Jul 16, 2015 | Apr 1, 2020 | −93.9% | 4.7 yrs | not yet | 11.3 yrs+ |
| Mar 23, 2007 | Nov 19, 2008 | −87.8% | 1.7 yrs | May 8, 2013 | 6.1 yrs |
| Jul 7, 1999 | Jul 20, 2000 | −58.7% | 12 mo | Nov 23, 2004 | 5.4 yrs |
| Jul 8, 1998 | Oct 5, 1998 | −39.6% | 3 mo | Jul 6, 1999 | 12 mo |
| Feb 5, 1992 | Apr 24, 1992 | −32.6% | 3 mo | Nov 5, 1992 | 9 mo |
| May 20, 1993 | Oct 7, 1993 | −27.5% | 5 mo | Jun 13, 1995 | 2.1 yrs |
| Aug 1, 2005 | Oct 27, 2005 | −25.0% | 3 mo | Apr 6, 2006 | 8 mo |
| Feb 2, 1993 | Feb 23, 1993 | −20.1% | 21 days | May 19, 1993 | 3 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 1992: how far Macy's Inc 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: a single asset's history is one surviving sample, 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 Macy's Inc from its all-time high?
- Macy's Inc is currently 67.0% below its all-time high, set Jul 16, 2015 (as of market close, Oct 16, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Macy's Inc drawdown ever?
- The deepest decline on record in our data (since 1992) took Macy's Inc 93.9% below its prior high, bottoming Apr 1, 2020. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from M; no free deep history exists for Macy's Inc — for a 150-year 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. Past performance does not predict future returns; not investment advice.