Norfolk Southern Corporation drawdown: 9.3% below the all-time high
Norfolk Southern Corporation is 9.3% below its all-time high, set Aug 24, 2026 (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
- −9.3%
- 90.7% of ATH
- All-time high
- $352.98
- Aug 24, 2026
- Time below the high
- 18 days
- since Aug 24, 2026
- Worst-ever drawdown
- −70.3%
- Oct 23, 2000
- Longest underwater
- 7.5 yrs
- between all-time highs
- Today's level first reached
- Apr 23, 2026
- 5 mo ago
- Last time this deep
- Apr 6, 2026
- in a previous episode
% of all-time high since 1982#
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 |
|---|---|---|---|---|---|
| Mar 20, 1998 | Oct 23, 2000 | −70.3% | 2.6 yrs | Sep 30, 2005 | 7.5 yrs |
| Jul 30, 2008 | Mar 9, 2009 | −63.4% | 7 mo | Apr 28, 2011 | 2.7 yrs |
| Jan 29, 2020 | Mar 23, 2020 | −44.7% | 54 days | Aug 28, 2020 | 7 mo |
| Nov 26, 2014 | Feb 2, 2016 | −43.2% | 14 mo | Jan 25, 2017 | 2.2 yrs |
| Aug 13, 1987 | Oct 28, 1987 | −42.8% | 2 mo | Jun 13, 1989 | 1.8 yrs |
| Dec 31, 2021 | Oct 27, 2023 | −38.0% | 1.8 yrs | Sep 29, 2025 | 3.7 yrs |
| Sep 20, 1983 | Jul 25, 1984 | −30.4% | 10 mo | Jul 17, 1985 | 1.8 yrs |
| May 10, 2006 | Aug 9, 2006 | −29.1% | 3 mo | May 17, 2007 | 12 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 1982: how far Norfolk Southern 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 Norfolk Southern Corporation from its all-time high?
- Norfolk Southern Corporation is currently 9.3% below its all-time high, set Aug 24, 2026 (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 Norfolk Southern Corporation drawdown ever?
- The deepest decline on record in our data (since 1982) took Norfolk Southern Corporation 70.3% below its prior high, bottoming Oct 23, 2000. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from NSC; no free deep history exists for Norfolk Southern 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.