MRSH drawdown: 20.9% below the all-time high
Marsh (MRSH) is 20.9% below its all-time high, set Apr 3, 2025 (as of market close, Aug 6, 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 (1973).
- Below all-time high
- −20.9%
- 79.1% of ATH
- All-time high
- $244.3
- Apr 3, 2025
- Time below the high
- 16 mo
- since Apr 3, 2025
- Worst-ever drawdown
- −73.7%
- Mar 2, 2009
- Longest underwater
- 15.7 yrs
- between all-time highs
- Today's level first reached
- Jul 25, 2023
- 3.0 yrs ago
- Last time this deep
- Apr 28, 2020
- in a previous episode
% of all-time high since 1973#
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 MRSH, 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 |
|---|---|---|---|---|---|
| Oct 5, 2000 | Mar 2, 2009 | −73.7% | 8.4 yrs | Jun 23, 2016 | 15.7 yrs |
| Oct 5, 1979 | Dec 8, 1980 | −60.9% | 14 mo | Jun 5, 1985 | 5.7 yrs |
| Aug 29, 1986 | Dec 10, 1987 | −41.1% | 15 mo | Oct 3, 1989 | 3.1 yrs |
| Oct 12, 1973 | Sep 3, 1974 | −39.7% | 11 mo | Mar 11, 1975 | 17 mo |
| Feb 18, 2020 | Mar 23, 2020 | −35.8% | 34 days | Mar 26, 2021 | 13 mo |
| Apr 3, 2025 | Jun 3, 2026 | −35.6% | 14 mo | not yet | 16 mo+ |
| Nov 3, 1989 | Sep 27, 1990 | −30.8% | 11 mo | Sep 24, 1992 | 2.9 yrs |
| Jul 16, 1998 | Oct 5, 1998 | −30.5% | 3 mo | Feb 11, 1999 | 7 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 1973: how far MRSH 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: MRSH 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 MRSH from its all-time high?
- MRSH is currently 20.9% below its all-time high, set Apr 3, 2025 (as of market close, Aug 6, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest MRSH drawdown ever?
- The deepest decline on record in our data (since 1973) took the stock 73.7% below its prior high, bottoming Mar 2, 2009. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1973 (split-adjusted). "All-time" means since our price data begins — MRSH 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.