JNJ’s worst drop since 1999 was 36%
Johnson & Johnson (JNJ) fell 36% from Mar 2002 to Jul 2002. It took 2.8 years from that peak to close at a new high, in Dec 2004. Over the same years the S&P 500 fell as much as 55%.
That drop is milder than most. It ranks 976th of the 986 stocks PortfolioAutopsy tracks, counted from the deepest.
Drawdown from the last high, 1999 to now
How JNJ held up in each crash
| Crash | Years | JNJ | S&P 500 |
|---|---|---|---|
| Dot-com bust | 2000–02 | −35.9% | −47.5% |
| Financial crisis | 2007–09 | −34.4% | −55.2% |
| COVID crash | 2020 | −27.4% | −33.7% |
| 2022 rate shock | 2022 | −12.7% | −24.5% |
Each number is the deepest fall from a high inside that window, using daily prices with dividends reinvested.
See how JNJ 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 JNJ’s maximum drawdown?
JNJ’s deepest fall since 1999 was 35.9%, from its high on March 19, 2002 to its low on July 19, 2002. The figure uses daily prices with dividends reinvested.
How long did JNJ take to recover?
2.8 years. JNJ first closed above its Mar 2002 high again on December 16, 2004.
Was JNJ riskier than the S&P 500?
Over the same years, JNJ’s worst drop was 35.9% against 55.2% for the S&P 500 (SPY), and its worst 12 months were −25.0% 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.