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as of market close, Sep 11, 2026
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Thermo Fisher Scientific Inc. drawdown: 8.6% below the all-time high

Thermo Fisher Scientific Inc. is 8.6% below its all-time high, set Dec 31, 2021 (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
−8.6%
91.4% of ATH
All-time high
$667.24
Dec 31, 2021
Time below the high
4.7 yrs
since Dec 31, 2021
Worst-ever drawdown
−71.2%
Apr 15, 1999
Longest underwater
8.8 yrs
between all-time highs
Today's level first reached
Oct 22, 2021
4.9 yrs ago
Last time this deep
Jun 16, 2021
in a previous episode

% of all-time high since 1984#

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%
TMO close · log5.0020.00100500
1990200020102020

The deepest drawdowns on record#

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

PeakTroughDepthPeak → troughRecovered byUnderwater
Dec 31, 1997Apr 15, 1999−71.2%15 moOct 24, 20068.8 yrs
Sep 1, 1987Oct 28, 1987−56.1%57 daysMay 16, 19891.7 yrs
Aug 15, 2008Nov 20, 2008−53.9%3 moMay 18, 20112.8 yrs
Oct 3, 1989Oct 11, 1990−42.1%12 moMay 8, 19911.6 yrs
Dec 31, 2021Jun 17, 2025−41.5%3.5 yrsnot yet4.7 yrs+
Jun 5, 1996Apr 15, 1997−34.5%10 moDec 30, 19971.6 yrs
Jul 7, 2011Dec 19, 2011−33.6%5 moJan 7, 20131.5 yrs
Jan 22, 2020Mar 23, 2020−24.9%2 moApr 27, 20203 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 1984: how far Thermo Fisher Scientific 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 Thermo Fisher Scientific Inc. from its all-time high?
Thermo Fisher Scientific Inc. is currently 8.6% below its all-time high, set Dec 31, 2021 (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 Thermo Fisher Scientific Inc. drawdown ever?
The deepest decline on record in our data (since 1984) took Thermo Fisher Scientific Inc. 71.2% below its prior high, bottoming Apr 15, 1999. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from TMO; no free deep history exists for Thermo Fisher Scientific 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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