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WMG
$26.82-0.87%
as of close, Oct 2, 2026
☾ AH $26.82 -0.87%
Warner Music Group Corp.Stock · Consumer DiscretionaryNasdaq Composite 0.01%US Stock Market 0.005%
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Warner Music Group Corp. drawdown: 45.9% below the all-time high

Warner Music Group Corp. is 45.9% below its all-time high, set Oct 28, 2021 (as of market close, Oct 2, 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
−45.9%
54.1% of ATH
All-time high
$49.53
Oct 28, 2021
Time below the high
4.9 yrs
since Oct 28, 2021
Worst-ever drawdown
−54.9%
Oct 10, 2022
Longest underwater
4.9 yrs
between all-time highs
Today's level first reached
Jun 3, 2020
6.3 yrs ago
Last time this deep
never before
no prior −45.9% episode

% of all-time high since 2020#

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%50%60%70%80%90%
WMG close · log
202120222023202420252026

The deepest drawdowns on record#

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

PeakTroughDepthPeak → troughRecovered byUnderwater
Oct 28, 2021Oct 10, 2022−54.9%11 monot yet4.9 yrs+
Jun 19, 2020Nov 2, 2020−20.1%4 moDec 10, 20206 mo
Feb 10, 2021Mar 23, 2021−18.2%41 daysApr 27, 20212 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 2020: how far Warner Music Group Corp. 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 Warner Music Group Corp. from its all-time high?
Warner Music Group Corp. is currently 45.9% below its all-time high, set Oct 28, 2021 (as of market close, Oct 2, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest Warner Music Group Corp. drawdown ever?
The deepest decline on record in our data (since 2020) took Warner Music Group Corp. 54.9% below its prior high, bottoming Oct 10, 2022. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from WMG; no free deep history exists for Warner Music Group Corp. — 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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