TMO’s worst drop since 1999 was 54%
Thermo Fisher Scientific (TMO) fell 54% from Aug 2008 to Nov 2008. It took 2.8 years from that peak to close at a new high, in May 2011. Over the same years the S&P 500 fell as much as 55%.
That drop is milder than most. It ranks 841st of the 986 stocks PortfolioAutopsy tracks, counted from the deepest.
Drawdown from the last high, 1999 to now
How TMO held up in each crash
| Crash | Years | TMO | S&P 500 |
|---|---|---|---|
| Dot-com bust | 2000–02 | −45.8% | −47.5% |
| Financial crisis | 2007–09 | −53.9% | −55.2% |
| COVID crash | 2020 | −24.9% | −33.7% |
| 2022 rate shock | 2022 | −24.8% | −24.5% |
Each number is the deepest fall from a high inside that window, using daily prices with dividends reinvested.
See how TMO 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 TMO’s maximum drawdown?
TMO’s deepest fall since 1999 was 53.9%, from its high on August 15, 2008 to its low on November 20, 2008. The figure uses daily prices with dividends reinvested.
How long did TMO take to recover?
2.8 years. TMO first closed above its Aug 2008 high again on May 18, 2011.
Was TMO riskier than the S&P 500?
Over the same years, TMO’s worst drop was 53.9% against 55.2% for the S&P 500 (SPY), and its worst 12 months were −49.0% 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.