McKesson Corporation drawdown: 6.1% below the all-time high (price)
McKesson Corporation is 6.1% below its all-time high, set Oct 20, 2026 (as of market close, Oct 27, 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
- −6.1%
- 93.9% of ATH
- All-time high
- $1,030
- Oct 20, 2026
- Time below the high
- 7 days
- since Oct 20, 2026
- Worst-ever drawdown
- −83.0%
- May 26, 2000
- Longest underwater
- 13.7 yrs
- between all-time highs
- Today's level first reached
- Feb 26, 2026
- 8 mo ago
- Last time this deep
- Oct 8, 2026
- in a previous episode
% of all-time high since 1994: 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 |
|---|---|---|---|---|---|
| Oct 6, 1998 | May 26, 2000 | −83.0% | 1.6 yrs | Jul 2, 2012 | 13.7 yrs |
| May 18, 2015 | Dec 24, 2018 | −55.4% | 3.6 yrs | Dec 27, 2021 | 6.6 yrs |
| Mar 3, 2026 | May 11, 2026 | −27.2% | 2 mo | Oct 15, 2026 | 7 mo |
| Mar 11, 1996 | Jul 26, 1996 | −26.1% | 5 mo | Nov 11, 1996 | 8 mo |
| Aug 2, 2024 | Sep 26, 2024 | −24.0% | 55 days | Feb 28, 2025 | 7 mo |
| Jul 7, 1998 | Sep 10, 1998 | −16.9% | 2 mo | Sep 21, 1998 | 2 mo |
| Nov 3, 2022 | Mar 15, 2023 | −15.7% | 4 mo | May 17, 2023 | 6 mo |
| Dec 3, 1997 | Jan 30, 1998 | −15.2% | 58 days | Feb 19, 1998 | 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 1994: how far McKesson Corporation 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 McKesson Corporation from its all-time high?
- McKesson Corporation is currently 6.1% below its all-time high, set Oct 20, 2026 (as of market close, Oct 27, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest McKesson Corporation drawdown ever?
- The deepest decline on record in our data (since 1994) took McKesson Corporation 83.0% below its prior high, bottoming May 26, 2000. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from MCK; no free deep history exists for McKesson Corporation — 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.