TOL drawdown: 11.0% below the all-time high
Toll Brothers Inc. (TOL) is 11.0% below its all-time high, set Nov 25, 2024 (as of market close, Aug 13, 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 (1986).
- Below all-time high
- −11.0%
- 89.0% of ATH
- All-time high
- $167.8
- Nov 25, 2024
- Time below the high
- 1.7 yrs
- since Nov 25, 2024
- Worst-ever drawdown
- −85.4%
- Aug 22, 1990
- Longest underwater
- 15.7 yrs
- between all-time highs
- Today's level first reached
- Sep 13, 2024
- 1.9 yrs ago
- Last time this deep
- Aug 14, 2024
- in a previous episode
% of all-time high since 1986#
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 TOL, 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 |
|---|---|---|---|---|---|
| Mar 12, 1987 | Aug 22, 1990 | −85.4% | 3.4 yrs | Jan 26, 1993 | 5.9 yrs |
| Jul 20, 2005 | Oct 3, 2011 | −76.4% | 6.2 yrs | Mar 17, 2021 | 15.7 yrs |
| Jan 19, 1994 | Nov 29, 1994 | −52.6% | 10 mo | Dec 6, 1995 | 1.9 yrs |
| Apr 23, 1998 | Oct 25, 1999 | −49.0% | 1.5 yrs | Aug 31, 2000 | 2.4 yrs |
| Nov 25, 2024 | Apr 8, 2025 | −46.1% | 4 mo | not yet | 1.7 yrs+ |
| Dec 10, 2021 | Oct 20, 2022 | −46.0% | 10 mo | Jun 12, 2023 | 18 mo |
| May 14, 2002 | Mar 10, 2003 | −43.4% | 10 mo | Jun 11, 2003 | 13 mo |
| Feb 8, 1993 | Jul 26, 1993 | −42.7% | 6 mo | Dec 1, 1993 | 10 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 1986: how far TOL 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: TOL 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 TOL from its all-time high?
- TOL is currently 11.0% below its all-time high, set Nov 25, 2024 (as of market close, Aug 13, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest TOL drawdown ever?
- The deepest decline on record in our data (since 1986) took the stock 85.4% below its prior high, bottoming Aug 22, 1990. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1986 (split-adjusted). "All-time" means since our price data begins — TOL 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.