Philip Morris International Inc. drawdown: 4.6% below the all-time high
Philip Morris International Inc. is 4.6% below its all-time high, set Jul 28, 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
- −4.6%
- 95.4% of ATH
- All-time high
- $200.17
- Jul 28, 2026
- Time below the high
- 45 days
- since Jul 28, 2026
- Worst-ever drawdown
- −51.2%
- Mar 23, 2020
- Longest underwater
- 7.2 yrs
- between all-time highs
- Today's level first reached
- May 14, 2026
- 4 mo ago
- Last time this deep
- Jul 15, 2026
- in a previous episode
% of all-time high since 2008#
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 |
|---|---|---|---|---|---|
| Jun 19, 2017 | Mar 23, 2020 | −51.2% | 2.8 yrs | Aug 30, 2024 | 7.2 yrs |
| Aug 12, 2008 | Mar 3, 2009 | −42.2% | 7 mo | Sep 20, 2010 | 2.1 yrs |
| Jun 23, 2025 | Oct 31, 2025 | −22.0% | 4 mo | Feb 11, 2026 | 8 mo |
| Apr 12, 2013 | Mar 31, 2015 | −21.9% | 2.0 yrs | Mar 10, 2016 | 2.9 yrs |
| Feb 25, 2026 | Apr 21, 2026 | −19.3% | 55 days | May 14, 2026 | 3 mo |
| Jul 15, 2016 | Nov 14, 2016 | −15.7% | 4 mo | Feb 17, 2017 | 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 2008: how far Philip Morris International Inc. 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 Philip Morris International Inc. from its all-time high?
- Philip Morris International Inc. is currently 4.6% below its all-time high, set Jul 28, 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 Philip Morris International Inc. drawdown ever?
- The deepest decline on record in our data (since 2008) took Philip Morris International Inc. 51.2% below its prior high, bottoming Mar 23, 2020. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from PM; no free deep history exists for Philip Morris International Inc. — 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.