TXN drawdown: 15.8% below the all-time high
Texas Instruments Incorporated (TXN) is 15.8% below its all-time high, set Jun 22, 2026 (as of market close, Jul 24, 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 (1972).
- Below all-time high
- −15.8%
- 84.2% of ATH
- All-time high
- $332.3
- Jun 22, 2026
- Time below the high
- 32 days
- since Jun 22, 2026
- Worst-ever drawdown
- −85.9%
- Oct 9, 2002
- Longest underwater
- 17.6 yrs
- between all-time highs
- Today's level first reached
- Apr 23, 2026
- 3 mo ago
- Last time this deep
- Mar 30, 2026
- in a previous episode
% of all-time high since 1972#
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 TXN, 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 3, 2000 | Oct 9, 2002 | −85.9% | 2.6 yrs | Oct 16, 2017 | 17.6 yrs |
| Oct 5, 1987 | Oct 29, 1990 | −70.6% | 3.1 yrs | Aug 18, 1993 | 5.9 yrs |
| Oct 12, 1973 | Sep 27, 1974 | −56.4% | 11 mo | Sep 19, 1980 | 6.9 yrs |
| Nov 28, 1980 | Jan 13, 1982 | −52.8% | 14 mo | Dec 7, 1982 | 2.0 yrs |
| Jan 31, 1983 | May 30, 1985 | −50.4% | 2.3 yrs | Mar 23, 1987 | 4.1 yrs |
| Sep 19, 1995 | Jul 23, 1996 | −49.2% | 10 mo | Feb 19, 1997 | 17 mo |
| Oct 13, 1997 | Dec 12, 1997 | −42.0% | 2 mo | Nov 18, 1998 | 13 mo |
| Nov 8, 2024 | Apr 21, 2025 | −33.9% | 5 mo | Jul 11, 2025 | 8 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 1972: how far TXN 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: TXN 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 TXN from its all-time high?
- TXN is currently 15.8% below its all-time high, set Jun 22, 2026 (as of market close, Jul 24, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest TXN drawdown ever?
- The deepest decline on record in our data (since 1972) took the stock 85.9% below its prior high, bottoming Oct 9, 2002. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1972 (split-adjusted). "All-time" means since our price data begins — TXN 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.