CRM’s worst drop since 2004 was 70%
Salesforce (CRM) fell 70% from Jun 2008 to Nov 2008. It took 1.5 years from that peak to close at a new high, in Dec 2009. Over the same years the S&P 500 fell as much as 55%.
That drop is milder than most. It ranks 543rd of the 986 stocks PortfolioAutopsy tracks, counted from the deepest.
Drawdown from the last high, 2004 to now
How CRM held up in each crash
| Crash | Years | CRM | S&P 500 |
|---|---|---|---|
| Dot-com bust | 2000–02 | not trading yet | −47.5% |
| Financial crisis | 2007–09 | −70.5% | −55.2% |
| COVID crash | 2020 | −35.7% | −33.7% |
| 2022 rate shock | 2022 | −49.8% | −24.5% |
Each number is the deepest fall from a high inside that window, using daily prices with dividends reinvested.
See how CRM 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 CRM’s maximum drawdown?
CRM’s deepest fall since 2004 was 70.5%, from its high on June 23, 2008 to its low on November 19, 2008. The figure uses daily prices with dividends reinvested.
How long did CRM take to recover?
1.5 years. CRM first closed above its Jun 2008 high again on December 29, 2009.
Was CRM riskier than the S&P 500?
Over the same years, CRM’s worst drop was 70.5% against 55.2% for the S&P 500 (SPY), and its worst 12 months were −61.7% against −47.4%.
Compare with
Daily adjusted closes from Yahoo Finance, June 24, 2004 through October 13, 2026, dividends reinvested. Historical facts, not a forecast and not investment advice.