AMAT’s worst drop since 1999 was 85%
Applied Materials (AMAT) fell 85% from Apr 2000 to Nov 2008. It took 17.1 years from that peak to close at a new high, in May 2017. Over the same years the S&P 500 fell as much as 55%.
That drop ranks 278th deepest among the 986 stocks PortfolioAutopsy tracks.
Drawdown from the last high, 1999 to now
How AMAT held up in each crash
| Crash | Years | AMAT | S&P 500 |
|---|---|---|---|
| Dot-com bust | 2000–02 | −82.0% | −47.5% |
| Financial crisis | 2007–09 | −63.8% | −55.2% |
| COVID crash | 2020 | −43.7% | −33.7% |
| 2022 rate shock | 2022 | −55.2% | −24.5% |
Each number is the deepest fall from a high inside that window, using daily prices with dividends reinvested.
See how AMAT behaves inside your whole mix, with the worst 12 months, loss odds and crash replays. Free, no signup, and the math runs in your browser.
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What was AMAT’s maximum drawdown?
AMAT’s deepest fall since 1999 was 85.2%, from its high on April 7, 2000 to its low on November 20, 2008. The figure uses daily prices with dividends reinvested.
How long did AMAT take to recover?
17.1 years. AMAT first closed above its Apr 2000 high again on May 31, 2017.
Was AMAT riskier than the S&P 500?
Over the same years, AMAT’s worst drop was 85.2% against 55.2% for the S&P 500 (SPY), and its worst 12 months were −66.2% against −47.4%.
Compare with
Daily adjusted closes from Yahoo Finance, January 5, 1999 through October 13, 2026, dividends reinvested. Historical facts, not a forecast and not investment advice.