WSO drawdown: 45.3% below the all-time high
Watsco Inc. (WSO) is 45.3% 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 (1984).
- Below all-time high
- −45.3%
- 54.7% of ATH
- All-time high
- $568.8
- Nov 25, 2024
- Time below the high
- 1.7 yrs
- since Nov 25, 2024
- Worst-ever drawdown
- −64.8%
- Feb 29, 2000
- Longest underwater
- 5.8 yrs
- between all-time highs
- Today's level first reached
- Dec 7, 2021
- 4.7 yrs ago
- Last time this deep
- Apr 21, 2009
- 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.
% of all-time high on the price basis — the all-time high considers the full history of WSO, 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 |
|---|---|---|---|---|---|
| Jun 24, 1998 | Feb 29, 2000 | −64.8% | 1.7 yrs | Dec 1, 2003 | 5.4 yrs |
| Jun 12, 1987 | Oct 27, 1987 | −60.5% | 5 mo | Apr 16, 1993 | 5.8 yrs |
| Feb 27, 2006 | Nov 19, 2008 | −57.6% | 2.7 yrs | Apr 6, 2011 | 5.1 yrs |
| Nov 25, 2024 | Jul 31, 2026 | −45.6% | 1.7 yrs | not yet | 1.7 yrs+ |
| Jul 12, 1985 | Dec 23, 1985 | −41.0% | 5 mo | May 12, 1986 | 10 mo |
| Jan 24, 1997 | Mar 20, 1997 | −31.3% | 55 days | Jun 17, 1998 | 17 mo |
| Jun 12, 2018 | Dec 24, 2018 | −30.7% | 6 mo | Jul 16, 2020 | 2.1 yrs |
| Apr 6, 2011 | Sep 30, 2011 | −29.8% | 6 mo | Feb 15, 2012 | 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 1984: how far WSO 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: WSO 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 WSO from its all-time high?
- WSO is currently 45.3% 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 WSO drawdown ever?
- The deepest decline on record in our data (since 1984) took the stock 64.8% below its prior high, bottoming Feb 29, 2000. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1984 (split-adjusted). "All-time" means since our price data begins — WSO 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.