SHW drawdown: 20.5% below the all-time high
Sherwin-Williams Company (The) (SHW) is 20.5% below its all-time high, set Nov 25, 2024 (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 (1982).
- Below all-time high
- −20.5%
- 79.5% of ATH
- All-time high
- $399.7
- Nov 25, 2024
- Time below the high
- 1.7 yrs
- since Nov 25, 2024
- Worst-ever drawdown
- −53.5%
- Jan 28, 2000
- Longest underwater
- 6.0 yrs
- between all-time highs
- Today's level first reached
- Oct 28, 2021
- 4.7 yrs ago
- Last time this deep
- Nov 30, 2023
- 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.
% of all-time high on the price basis — the all-time high considers the full history of SHW, 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 |
|---|---|---|---|---|---|
| Apr 2, 1998 | Jan 28, 2000 | −53.5% | 1.8 yrs | Mar 30, 2004 | 6.0 yrs |
| Mar 26, 1987 | Dec 4, 1987 | −45.4% | 8 mo | May 9, 1990 | 3.1 yrs |
| Dec 31, 2021 | Oct 20, 2022 | −42.9% | 10 mo | Jul 29, 2024 | 2.6 yrs |
| Jul 19, 2007 | Mar 6, 2009 | −41.1% | 1.6 yrs | Apr 15, 2010 | 2.7 yrs |
| Jan 23, 2020 | Mar 23, 2020 | −33.5% | 2 mo | Jun 2, 2020 | 4 mo |
| Apr 10, 1986 | Sep 30, 1986 | −28.5% | 6 mo | Jan 14, 1987 | 9 mo |
| Nov 25, 2024 | Jun 2, 2026 | −26.7% | 1.5 yrs | not yet | 1.7 yrs+ |
| Jul 16, 1990 | Aug 24, 1990 | −26.0% | 39 days | Feb 4, 1991 | 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 1982: how far SHW 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: SHW 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 SHW from its all-time high?
- SHW is currently 20.5% below its all-time high, set Nov 25, 2024 (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 SHW drawdown ever?
- The deepest decline on record in our data (since 1982) took the stock 53.5% below its prior high, bottoming Jan 28, 2000. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1982 (split-adjusted). "All-time" means since our price data begins — SHW 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.