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as of market close, Sep 18, 2026
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Mid-America Apartment Communities Inc. drawdown: 48.2% below the all-time high

Mid-America Apartment Communities Inc. is 48.2% below its all-time high, set Dec 31, 2021 (as of market close, Sep 18, 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.

Below all-time high
−48.2%
51.8% of ATH
All-time high
$229.44
Dec 31, 2021
Time below the high
4.7 yrs
since Dec 31, 2021
Worst-ever drawdown
−65.1%
Mar 5, 2009
Longest underwater
5.9 yrs
between all-time highs
Today's level first reached
Jun 19, 2019
7.2 yrs ago
Last time this deep
Jun 23, 2009
in a previous episode

% of all-time high since 1994#

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.

Basis
Range
All-time high = 100%40%60%80%
MAA close · log50.00100200
1995200020052010201520202025

The deepest drawdowns on record#

Every decline of 15% or more from an all-time high (price basis), deepest first.

PeakTroughDepthPeak → troughRecovered byUnderwater
Oct 16, 2006Mar 5, 2009−65.1%2.4 yrsApr 26, 20114.5 yrs
Dec 31, 2021Oct 30, 2023−48.8%1.8 yrsnot yet4.7 yrs+
Feb 21, 2020Mar 23, 2020−42.7%31 daysMar 26, 202113 mo
Sep 24, 1997Mar 26, 1999−30.7%18 moSep 3, 20035.9 yrs
Jul 22, 2011Nov 25, 2011−24.4%4 moMay 16, 20131.8 yrs
Jun 19, 2017Feb 8, 2018−22.6%8 moApr 11, 20191.8 yrs
Jul 6, 2016Oct 11, 2016−21.6%3 moJun 15, 201711 mo
May 20, 2013Dec 19, 2013−19.8%7 moJul 28, 201414 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 1994: how far Mid-America Apartment Communities Inc. stood below its all-time high, and the total return over the following 1, 5 and 10 years.

1950–19992000–today

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 Mid-America Apartment Communities Inc. from its all-time high?
Mid-America Apartment Communities Inc. is currently 48.2% below its all-time high, set Dec 31, 2021 (as of market close, Sep 18, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest Mid-America Apartment Communities Inc. drawdown ever?
The deepest decline on record in our data (since 1994) took Mid-America Apartment Communities Inc. 65.1% 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 data since -1 from MAA; no free deep history exists for Mid-America Apartment Communities 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.

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