Tenet Healthcare Corporation drawdown: 6.5% below the all-time high
Tenet Healthcare Corporation is 6.5% below its all-time high, set Aug 21, 2026 (as of market close, Sep 21, 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
- −6.5%
- 93.5% of ATH
- All-time high
- $280.77
- Aug 21, 2026
- Time below the high
- 31 days
- since Aug 21, 2026
- Worst-ever drawdown
- −98.3%
- Mar 9, 2009
- Longest underwater
- 23.1 yrs
- between all-time highs
- Today's level first reached
- Jul 28, 2026
- 55 days ago
- Last time this deep
- Jul 23, 2026
- 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. 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 |
|---|---|---|---|---|---|
| Oct 3, 2002 | Mar 9, 2009 | −98.3% | 6.4 yrs | Oct 24, 2025 | 23.1 yrs |
| Apr 17, 1991 | Apr 26, 1993 | −72.7% | 2.0 yrs | Jan 30, 1997 | 5.8 yrs |
| Apr 15, 1998 | Aug 17, 1999 | −61.4% | 16 mo | Nov 16, 2000 | 2.6 yrs |
| Jul 8, 1985 | Dec 10, 1987 | −50.0% | 2.4 yrs | Jun 6, 1989 | 3.9 yrs |
| Jun 24, 1983 | Jul 25, 1984 | −43.0% | 13 mo | Jul 2, 1985 | 2.0 yrs |
| Mar 4, 2026 | Jun 4, 2026 | −34.1% | 3 mo | Jul 28, 2026 | 5 mo |
| Jan 5, 1982 | Mar 12, 1982 | −30.8% | 2 mo | Aug 26, 1982 | 8 mo |
| Jan 3, 1990 | Mar 6, 1990 | −25.3% | 2 mo | Jan 18, 1991 | 12 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 Tenet Healthcare Corporation 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 Tenet Healthcare Corporation from its all-time high?
- Tenet Healthcare Corporation is currently 6.5% below its all-time high, set Aug 21, 2026 (as of market close, Sep 21, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Tenet Healthcare Corporation drawdown ever?
- The deepest decline on record in our data (since 1982) took Tenet Healthcare Corporation 98.3% below its prior high, bottoming Mar 9, 2009. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from THC; no free deep history exists for Tenet Healthcare Corporation — 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.