LMT’s worst drop since 1999 was 62%
Lockheed Martin (LMT) fell 62% from May 1999 to Mar 2000. It took 2.4 years from that peak to close at a new high, in Sep 2001. Over the same years the S&P 500 fell as much as 55%.
That drop is milder than most. It ranks 716th of the 986 stocks PortfolioAutopsy tracks, counted from the deepest.
Drawdown from the last high, 1999 to now
How LMT held up in each crash
| Crash | Years | LMT | S&P 500 |
|---|---|---|---|
| Dot-com bust | 2000–02 | −30.8% | −47.5% |
| Financial crisis | 2007–09 | −50.6% | −55.2% |
| COVID crash | 2020 | −36.7% | −33.7% |
| 2022 rate shock | 2022 | −16.9% | −24.5% |
Each number is the deepest fall from a high inside that window, using daily prices with dividends reinvested.
See how LMT 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 LMT’s maximum drawdown?
LMT’s deepest fall since 1999 was 61.6%, from its high on May 3, 1999 to its low on March 14, 2000. The figure uses daily prices with dividends reinvested.
How long did LMT take to recover?
2.4 years. LMT first closed above its May 1999 high again on September 17, 2001.
Was LMT riskier than the S&P 500?
Over the same years, LMT’s worst drop was 61.6% against 55.2% for the S&P 500 (SPY), and its worst 12 months were −59.3% 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.