Every META drawdown of 20% or more since May 2012
8 declines, oldest first. Depth is measured on daily closing prices from the prior high. "Back at the high" is the first day the price closed at or above that prior high.
| Peak | Low | Depth | Peak to low | Back at the high | Low to new high | Backdrop |
|---|---|---|---|---|---|---|
| May 18, 2012 | Sep 4, 2012 | -53.6% | 109 daysabout 4 months | Aug 5, 2013 | 335 daysabout 11 months | — |
| Mar 10, 2014 | Apr 28, 2014 | -22.1% | 49 days | Jul 24, 2014 | 87 days | — |
| Feb 1, 2018 | Mar 27, 2018 | -21.2% | 54 days | Jun 1, 2018 | 66 days | — |
| Jul 25, 2018 | Dec 24, 2018 | -43.0% | 152 daysabout 5 months | Jan 9, 2020 | 381 daysabout 13 months | Late-2018 selloff |
| Jan 29, 2020 | Mar 16, 2020 | -34.6% | 47 days | May 20, 2020 | 65 days | COVID-19 selloff |
| Sep 7, 2021 | Nov 3, 2022 | -76.7% | 422 daysabout 14 months | Jan 19, 2024 | 442 daysabout 15 months | 2022 rate-hike bear market |
| Feb 14, 2025 | Apr 21, 2025 | -34.2% | 66 days | Jun 30, 2025 | 70 days | April 2025 tariff selloff |
| Aug 12, 2025 | Mar 27, 2026 | -33.4% | 227 daysabout 7 months | Not yetas of Oct 30, 2026 | Still open | — |
Our META data runs from May 18, 2012 to Oct 30, 2026. Highs set before that date still count, so a decline that was already under way on the first day is shown from its low in our data and marked as such. Days are calendar days. The backdrop column names a period only where both the peak and the low fall inside a very well-known market episode.
What the history shows
- -The deepest decline was 76.7%, from Sep 7, 2021 to a low on Nov 3, 2022.
- -The fastest 20%+ fall took 47 days (34.6%, January 2020 to March 2020).
- -Completed recoveries took a median of 87 days from trough to a new high, ranging from 65 days to 442 days (about 15 months).
- -The August 2025 to March 2026 decline had not closed back at its prior high as of Oct 30, 2026.
A fall of 20% or more from a high is the usual rule of thumb for a bear market, and single stocks have them far more often than broad indexes. These figures describe what happened to META in the past. They do not predict what comes next and are not advice to buy or sell. Learn more in What Is a Drawdown? and Drawdowns vs Corrections vs Bear Markets.
Frequently Asked Questions
What is Meta Platforms's worst drawdown since May 2012?
The deepest decline in our data, which starts in May 2012, took Meta Platforms 76.7% below its prior high. It peaked on Sep 7, 2021, bottomed on Nov 3, 2022 (422 days (about 14 months) later), and closed back at its prior high on Jan 19, 2024, 442 days (about 15 months) after the trough.
How many times has META fallen 20% or more?
In our data, which runs from May 2012 to Oct 30, 2026, Meta Platforms (META) has had 8 drawdowns of 20% or more, and 6 of them reached 30% or more. That is 8 episodes in about 14 years of data.
How long does META take to recover from a 20% drawdown?
Measured from the trough to the first close back at the prior high, Meta Platforms's completed 20%+ drawdowns took a median of 87 days. The quickest was 65 days (January 2020 to March 2020) and the slowest was 442 days (about 15 months) (September 2021 to November 2022). The August 2025 to March 2026 decline had not recovered as of Oct 30, 2026. Past recovery times describe what happened, not what will happen next.
How far is META below its high right now?
As of Oct 30, 2026, Meta Platforms (META) is 22.1% below its high, and has been below it for 411 days. This page is rebuilt from our daily data, and the live figure is on the META ticker page.
More drawdown history
Meta Platforms (META) live drawdown
Current drawdown, severity score, and full history
Magnificent 7 drawdown history
All seven stocks compared: current and worst drawdown
NVIDIA (NVDA) drawdown history
Every 20%+ decline, with peak, low and recovery dates
Apple (AAPL) drawdown history
Every 20%+ decline, with peak, low and recovery dates
Microsoft (MSFT) drawdown history
Every 20%+ decline, with peak, low and recovery dates
Amazon (AMZN) drawdown history
Every 20%+ decline, with peak, low and recovery dates
Alphabet (GOOGL) drawdown history
Every 20%+ decline, with peak, low and recovery dates
Tesla (TSLA) drawdown history
Every 20%+ decline, with peak, low and recovery dates
S&P 500 drawdown history
How the index itself has fared since 1985