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as of market close, Sep 11, 2026
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Medtronic plc. drawdown: 32.7% below the all-time high

Medtronic plc. is 32.7% below its all-time high, set Sep 8, 2021 (as of market close, Sep 11, 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
−32.7%
67.3% of ATH
All-time high
$135.17
Sep 8, 2021
Time below the high
5.0 yrs
since Sep 8, 2021
Worst-ever drawdown
−60.0%
Mar 9, 2009
Longest underwater
13.3 yrs
between all-time highs
Today's level first reached
Aug 9, 2018
8.1 yrs ago
Last time this deep
Mar 24, 2020
in a previous episode

% of all-time high since 1975#

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%
MDT close · log0.201.005.0020.00100
19801990200020102020

The deepest drawdowns on record#

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

PeakTroughDepthPeak → troughRecovered byUnderwater
Dec 28, 2000Mar 9, 2009−60.0%8.2 yrsMar 31, 201413.3 yrs
Jun 15, 1983Aug 15, 1984−57.4%14 moMar 20, 19862.8 yrs
Sep 8, 2021Oct 27, 2023−48.6%2.1 yrsnot yet5.0 yrs+
Nov 12, 1992Apr 8, 1993−48.6%5 moSep 28, 19941.9 yrs
Feb 6, 2020Mar 23, 2020−39.9%46 daysApr 9, 202114 mo
Aug 21, 1987Oct 28, 1987−39.0%2 moJul 19, 19891.9 yrs
Jan 6, 1992Apr 28, 1992−33.9%4 moSep 16, 19928 mo
Feb 3, 1999May 26, 1999−28.9%4 moJan 18, 200011 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 1975: how far Medtronic plc. 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 Medtronic plc. from its all-time high?
Medtronic plc. is currently 32.7% below its all-time high, set Sep 8, 2021 (as of market close, Sep 11, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest Medtronic plc. drawdown ever?
The deepest decline on record in our data (since 1975) took Medtronic plc. 60.0% below its prior high, bottoming Mar 9, 2009. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from MDT; no free deep history exists for Medtronic plc. — 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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