Southern Company (The) drawdown: 12.6% below the all-time high
Southern Company (The) is 12.6% below its all-time high, set Oct 15, 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
- −12.6%
- 87.4% of ATH
- All-time high
- $99.72
- Oct 15, 2025
- Time below the high
- 11 mo
- since Oct 15, 2025
- Worst-ever drawdown
- −39.0%
- Mar 23, 2020
- Longest underwater
- 3.4 yrs
- between all-time highs
- Today's level first reached
- Aug 1, 2024
- 2.1 yrs ago
- Last time this deep
- Jan 23, 2025
- in a previous episode
% of all-time high since 1981#
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 |
|---|---|---|---|---|---|
| Jan 30, 2020 | Mar 23, 2020 | −39.0% | 53 days | Mar 25, 2022 | 2.1 yrs |
| Jan 22, 1987 | Oct 19, 1987 | −37.1% | 9 mo | Dec 12, 1989 | 2.9 yrs |
| Oct 5, 1998 | Mar 14, 2000 | −34.5% | 17 mo | Sep 7, 2000 | 1.9 yrs |
| Jan 9, 2008 | Mar 12, 2009 | −33.8% | 14 mo | May 17, 2011 | 3.4 yrs |
| Oct 20, 1993 | Sep 12, 1994 | −25.3% | 11 mo | Sep 28, 1995 | 1.9 yrs |
| Aug 19, 2022 | Oct 12, 2022 | −23.3% | 54 days | Jun 3, 2024 | 1.8 yrs |
| Dec 15, 1989 | Aug 28, 1990 | −22.4% | 8 mo | Sep 27, 1991 | 1.8 yrs |
| Feb 13, 1996 | Apr 24, 1997 | −22.3% | 14 mo | Dec 29, 1997 | 1.9 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 1981: how far Southern Company (The) 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 Southern Company (The) from its all-time high?
- Southern Company (The) is currently 12.6% below its all-time high, set Oct 15, 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 Southern Company (The) drawdown ever?
- The deepest decline on record in our data (since 1981) took Southern Company (The) 39.0% 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 SO; no free deep history exists for Southern Company (The) — 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.