WCN drawdown: 17.2% below the all-time high
Waste Connections Inc. (WCN) is 17.2% below its all-time high, set Apr 3, 2025 (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 (1998).
- Below all-time high
- −17.2%
- 82.8% of ATH
- All-time high
- $199.9
- Apr 3, 2025
- Time below the high
- 16 mo
- since Apr 3, 2025
- Worst-ever drawdown
- −78.6%
- Dec 19, 2008
- Longest underwater
- 7.0 yrs
- between all-time highs
- Today's level first reached
- Feb 16, 2024
- 2.5 yrs ago
- Last time this deep
- Jun 22, 2022
- in a previous episode
% of all-time high since 1998#
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 WCN, 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 |
|---|---|---|---|---|---|
| Nov 7, 2007 | Dec 19, 2008 | −78.6% | 13 mo | Nov 3, 2014 | 7.0 yrs |
| Jun 30, 1999 | Feb 22, 2000 | −68.9% | 8 mo | Dec 27, 2000 | 18 mo |
| Sep 20, 2005 | Oct 27, 2005 | −61.6% | 37 days | Oct 30, 2006 | 13 mo |
| Nov 30, 2004 | Jan 28, 2005 | −56.0% | 59 days | Jul 15, 2005 | 7 mo |
| Sep 13, 2005 | Sep 15, 2005 | −55.6% | 2 days | Sep 19, 2005 | 6 days |
| Aug 25, 2005 | Aug 29, 2005 | −54.6% | 4 days | Aug 30, 2005 | 5 days |
| Sep 7, 2005 | Sep 9, 2005 | −54.4% | 2 days | Sep 12, 2005 | 5 days |
| Aug 8, 2005 | Aug 24, 2005 | −54.2% | 16 days | Aug 25, 2005 | 17 days |
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 1998: how far WCN 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: WCN 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 WCN from its all-time high?
- WCN is currently 17.2% below its all-time high, set Apr 3, 2025 (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 WCN drawdown ever?
- The deepest decline on record in our data (since 1998) took the stock 78.6% below its prior high, bottoming Dec 19, 2008. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1998 (split-adjusted). "All-time" means since our price data begins — WCN 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.