PayPal Holdings Inc. drawdown: 82.6% below the all-time high
PayPal Holdings Inc. is 82.6% below its all-time high, set Jul 23, 2021 (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
- −82.6%
- 17.4% of ATH
- All-time high
- $308.53
- Jul 23, 2021
- Time below the high
- 5.1 yrs
- since Jul 23, 2021
- Worst-ever drawdown
- −87.3%
- Feb 12, 2026
- Longest underwater
- 5.1 yrs
- between all-time highs
- Today's level first reached
- Jun 5, 2017
- 9.3 yrs ago
- Last time this deep
- never before
- no prior −82.6% episode
% of all-time high since 2015#
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 |
|---|---|---|---|---|---|
| Jul 23, 2021 | Feb 12, 2026 | −87.3% | 4.6 yrs | not yet | 5.1 yrs+ |
| Feb 19, 2020 | Mar 23, 2020 | −31.2% | 33 days | May 5, 2020 | 2 mo |
| Feb 16, 2021 | Mar 8, 2021 | −25.8% | 20 days | Jul 23, 2021 | 5 mo |
| Jul 20, 2015 | Sep 29, 2015 | −24.3% | 2 mo | Mar 21, 2016 | 8 mo |
| Jul 24, 2019 | Oct 23, 2019 | −20.3% | 3 mo | Feb 14, 2020 | 7 mo |
| Sep 4, 2018 | Oct 10, 2018 | −18.9% | 36 days | Jan 25, 2019 | 5 mo |
| Mar 22, 2016 | Jun 27, 2016 | −17.2% | 3 mo | Oct 21, 2016 | 7 mo |
| Sep 2, 2020 | Sep 17, 2020 | −16.6% | 15 days | Oct 21, 2020 | 49 days |
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 2015: how far PayPal Holdings 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 PayPal Holdings Inc. from its all-time high?
- PayPal Holdings Inc. is currently 82.6% below its all-time high, set Jul 23, 2021 (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 PayPal Holdings Inc. drawdown ever?
- The deepest decline on record in our data (since 2015) took PayPal Holdings Inc. 87.3% below its prior high, bottoming Feb 12, 2026. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from PYPL; no free deep history exists for PayPal Holdings 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.