MOH drawdown: 52.9% below the all-time high
Molina Healthcare (MOH) is 52.9% below its all-time high, set Mar 19, 2024 (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 (2003).
- Below all-time high
- −52.9%
- 47.1% of ATH
- All-time high
- $419.5
- Mar 19, 2024
- Time below the high
- 2.3 yrs
- since Mar 19, 2024
- Worst-ever drawdown
- −70.8%
- Feb 11, 2026
- Longest underwater
- 7.1 yrs
- between all-time highs
- Today's level first reached
- Oct 5, 2020
- 5.8 yrs ago
- Last time this deep
- Oct 21, 2011
- in a previous episode
% of all-time high since 2003#
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 MOH, 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 |
|---|---|---|---|---|---|
| Mar 19, 2024 | Feb 11, 2026 | −70.8% | 1.9 yrs | not yet | 2.3 yrs+ |
| Jan 13, 2005 | Dec 12, 2008 | −68.4% | 3.9 yrs | Feb 15, 2012 | 7.1 yrs |
| Feb 16, 2012 | Jun 7, 2012 | −51.7% | 4 mo | May 10, 2013 | 15 mo |
| Aug 17, 2015 | Mar 23, 2017 | −47.6% | 1.6 yrs | Jan 8, 2018 | 2.4 yrs |
| Jun 6, 2019 | Sep 27, 2019 | −30.8% | 4 mo | Apr 8, 2020 | 10 mo |
| Sep 21, 2018 | Jan 3, 2019 | −30.7% | 3 mo | Jun 5, 2019 | 8 mo |
| Oct 26, 2022 | Mar 15, 2023 | −29.4% | 5 mo | Dec 12, 2023 | 14 mo |
| Apr 20, 2022 | Jun 17, 2022 | −27.6% | 58 days | Sep 8, 2022 | 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 2003: how far MOH 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: MOH 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 MOH from its all-time high?
- MOH is currently 52.9% below its all-time high, set Mar 19, 2024 (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 MOH drawdown ever?
- The deepest decline on record in our data (since 2003) took the stock 70.8% below its prior high, bottoming Feb 11, 2026. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 2003 (split-adjusted). "All-time" means since our price data begins — MOH 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.