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as of market close, Sep 18, 2026
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Constellation Brands Inc. drawdown: 56.4% below the all-time high

Constellation Brands Inc. is 56.4% below its all-time high, set Jul 31, 2023 (as of market close, Sep 18, 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
−56.4%
43.6% of ATH
All-time high
$272.8
Jul 31, 2023
Time below the high
3.1 yrs
since Jul 31, 2023
Worst-ever drawdown
−67.4%
Sep 6, 1996
Longest underwater
7.1 yrs
between all-time highs
Today's level first reached
Jun 12, 2019
7.3 yrs ago
Last time this deep
Jul 29, 2009
in a previous episode

% of all-time high since 1992#

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.

Basis
Range
All-time high = 100%40%60%80%
STZ close · log2.0010.0050.00200
1995200020052010201520202025

The deepest drawdowns on record#

Every decline of 15% or more from an all-time high (price basis), deepest first.

PeakTroughDepthPeak → troughRecovered byUnderwater
Sep 14, 1995Sep 6, 1996−67.4%12 moNov 10, 19972.2 yrs
Jun 28, 2005Nov 12, 2008−65.0%3.4 yrsAug 15, 20127.1 yrs
Jul 31, 2023Sep 18, 2026−56.4%3.1 yrsnot yet3.1 yrs+
Apr 9, 1998Sep 25, 1998−34.1%6 moJan 8, 19999 mo
Dec 29, 1993May 16, 1994−33.1%5 moSep 8, 19948 mo
Jun 28, 2002Mar 27, 2003−31.3%9 moNov 5, 200316 mo
Jun 8, 1992Oct 5, 1992−30.4%4 moDec 29, 19927 mo
Oct 29, 1999Mar 14, 2000−29.6%5 moJan 16, 200115 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 1992: how far Constellation Brands Inc. stood below its all-time high, and the total return over the following 1, 5 and 10 years.

1950–19992000–today

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 Constellation Brands Inc. from its all-time high?
Constellation Brands Inc. is currently 56.4% below its all-time high, set Jul 31, 2023 (as of market close, Sep 18, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest Constellation Brands Inc. drawdown ever?
The deepest decline on record in our data (since 1992) took Constellation Brands Inc. 67.4% below its prior high, bottoming Sep 6, 1996. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from STZ; no free deep history exists for Constellation Brands 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.

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