NTRS drawdown: 5.5% below the all-time high
Northern Trust Corporation (NTRS) is 5.5% below its all-time high, set Jul 15, 2026 (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 (1980).
- Below all-time high
- −5.5%
- 94.5% of ATH
- All-time high
- $191.1
- Jul 15, 2026
- Time below the high
- 9 days
- since Jul 15, 2026
- Worst-ever drawdown
- −68.7%
- Mar 11, 2003
- Longest underwater
- 16.1 yrs
- between all-time highs
- Today's level first reached
- Jul 6, 2026
- 18 days ago
- Last time this deep
- May 11, 2026
- in a previous episode
% of all-time high since 1980#
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 NTRS, 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 |
|---|---|---|---|---|---|
| Dec 7, 2000 | Mar 11, 2003 | −68.7% | 2.3 yrs | Jan 4, 2017 | 16.1 yrs |
| Jan 14, 2022 | Oct 25, 2023 | −52.8% | 1.8 yrs | Sep 29, 2025 | 3.7 yrs |
| Jul 24, 2018 | Mar 16, 2020 | −44.3% | 1.6 yrs | Apr 28, 2021 | 2.8 yrs |
| May 21, 1990 | Sep 27, 1990 | −39.6% | 4 mo | Feb 6, 1991 | 9 mo |
| Apr 7, 1993 | Jan 23, 1995 | −36.1% | 1.8 yrs | Nov 30, 1995 | 2.6 yrs |
| Jul 15, 1998 | Aug 31, 1998 | −32.0% | 47 days | Nov 19, 1998 | 4 mo |
| Mar 22, 2000 | Apr 14, 2000 | −21.1% | 23 days | Jul 14, 2000 | 4 mo |
| Sep 12, 2000 | Oct 12, 2000 | −18.8% | 30 days | Dec 7, 2000 | 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 1980: how far NTRS 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: NTRS 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 NTRS from its all-time high?
- NTRS is currently 5.5% below its all-time high, set Jul 15, 2026 (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 NTRS drawdown ever?
- The deepest decline on record in our data (since 1980) took the stock 68.7% below its prior high, bottoming Mar 11, 2003. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1980 (split-adjusted). "All-time" means since our price data begins — NTRS 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.