XOM drawdown: 8.5% below the all-time high
Exxon Mobil Corporation (XOM) is 8.5% below its all-time high, set Mar 30, 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 (1970).
- Below all-time high
- −8.5%
- 91.5% of ATH
- All-time high
- $171.5
- Mar 30, 2026
- Time below the high
- 4 mo
- since Mar 30, 2026
- Worst-ever drawdown
- −69.9%
- Mar 23, 2020
- Longest underwater
- 8.0 yrs
- between all-time highs
- Today's level first reached
- Mar 16, 2026
- 4 mo ago
- Last time this deep
- Dec 16, 2025
- in a previous episode
% of all-time high since 1970#
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 XOM, 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 23, 2014 | Mar 23, 2020 | −69.9% | 5.7 yrs | Jun 8, 2022 | 8.0 yrs |
| Apr 25, 1973 | Oct 3, 1974 | −46.7% | 17 mo | Jun 11, 1976 | 3.1 yrs |
| Nov 28, 1980 | Aug 12, 1982 | −43.1% | 1.7 yrs | Sep 10, 1984 | 3.8 yrs |
| Oct 18, 2007 | Jul 2, 2010 | −40.5% | 2.7 yrs | Jul 19, 2013 | 5.8 yrs |
| Nov 24, 2000 | Jul 22, 2002 | −35.9% | 1.7 yrs | Sep 9, 2004 | 3.8 yrs |
| Aug 11, 1987 | Oct 19, 1987 | −33.2% | 2 mo | Dec 12, 1989 | 2.3 yrs |
| Sep 21, 1976 | Jan 26, 1978 | −23.7% | 16 mo | Aug 28, 1979 | 2.9 yrs |
| Mar 30, 2026 | Jun 29, 2026 | −20.7% | 3 mo | not yet | 4 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 1970: how far XOM 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: XOM 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 XOM from its all-time high?
- XOM is currently 8.5% below its all-time high, set Mar 30, 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 XOM drawdown ever?
- The deepest decline on record in our data (since 1970) took the stock 69.9% below its prior high, bottoming Mar 23, 2020. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1970 (split-adjusted). "All-time" means since our price data begins — XOM 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.