Royal Caribbean Cruises Ltd. drawdown: 28.9% below the all-time high
Royal Caribbean Cruises Ltd. is 28.9% below its all-time high, set Aug 28, 2025 (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
- −28.9%
- 71.1% of ATH
- All-time high
- $365.84
- Aug 28, 2025
- Time below the high
- 12 mo
- since Aug 28, 2025
- Worst-ever drawdown
- −90.3%
- Mar 2, 2009
- Longest underwater
- 14.4 yrs
- between all-time highs
- Today's level first reached
- Jan 28, 2025
- 1.6 yrs ago
- Last time this deep
- Apr 21, 2025
- in a previous episode
% of all-time high since 1993#
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 |
|---|---|---|---|---|---|
| Nov 16, 1999 | Mar 2, 2009 | −90.3% | 9.3 yrs | Apr 2, 2014 | 14.4 yrs |
| Jan 17, 2020 | Mar 18, 2020 | −83.5% | 2 mo | Mar 20, 2024 | 4.2 yrs |
| Jul 20, 1998 | Oct 8, 1998 | −58.8% | 3 mo | Jun 10, 1999 | 11 mo |
| Dec 30, 2015 | Sep 19, 2016 | −36.3% | 9 mo | Apr 28, 2017 | 16 mo |
| Jan 30, 2025 | Apr 4, 2025 | −35.2% | 2 mo | Jun 6, 2025 | 4 mo |
| Jan 26, 2018 | Dec 24, 2018 | −33.7% | 11 mo | Jan 17, 2020 | 2.0 yrs |
| Aug 28, 2025 | Nov 17, 2025 | −32.6% | 3 mo | not yet | 12 mo+ |
| Oct 27, 1994 | Dec 26, 1995 | −30.0% | 14 mo | Mar 5, 1997 | 2.4 yrs |
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 1993: how far Royal Caribbean Cruises Ltd. 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 Royal Caribbean Cruises Ltd. from its all-time high?
- Royal Caribbean Cruises Ltd. is currently 28.9% below its all-time high, set Aug 28, 2025 (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 Royal Caribbean Cruises Ltd. drawdown ever?
- The deepest decline on record in our data (since 1993) took Royal Caribbean Cruises Ltd. 90.3% 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 data since -1 from RCL; no free deep history exists for Royal Caribbean Cruises Ltd. — 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.