<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM MCDERMOTT INTERNATIONAL'S SEPTEMBER 30, 1998 FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> MAR-31-1999 <PERIOD-END> SEP-30-1998 <CASH> 345,934 <SECURITIES> 326 <RECEIVABLES> 545,521 <ALLOWANCES> 67,233 <INVENTORY> 256,756 <CURRENT-ASSETS> 1,394,562 <PP&E> 1,509,352 <DEPRECIATION> 1,039,874 <TOTAL-ASSETS> 3,892,955 <CURRENT-LIABILITIES> 1,220,381 <BONDS> 567,948 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 60,910 <OTHER-SE> 761,869 <TOTAL-LIABILITY-AND-EQUITY> 3,892,955 <SALES> 1,599,792 <TOTAL-REVENUES> 1,599,792 <CGS> 1,470,194 <TOTAL-COSTS> 1,470,194 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 32,236 <INCOME-PRETAX> 196,099 <INCOME-TAX> 22,923 <INCOME-CONTINUING> 173,176 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 173,176 <EPS-PRIMARY> 2.92 <EPS-DILUTED> 2.76