<ARTICLE> 5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM VALHI, INC.'S
CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 1994, AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH CONSOLIDATED FINANCIAL
STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-START>                             JAN-01-1994
<PERIOD-END>                               DEC-31-1994
<CASH>                                         170,747
<SECURITIES>                                    49,233
<RECEIVABLES>                                  204,828
<ALLOWANCES>                                     4,434
<INVENTORY>                                    498,097
<CURRENT-ASSETS>                               936,134
<PP&E>                                       1,050,427
<DEPRECIATION>                                 242,696
<TOTAL-ASSETS>                               2,480,703
<CURRENT-LIABILITIES>                          656,222
<BONDS>                                      1,086,654
<COMMON>                                         1,245
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                     197,179
<TOTAL-LIABILITY-AND-EQUITY>                 2,480,703
<SALES>                                        832,656
<TOTAL-REVENUES>                               832,656
<CGS>                                          633,388
<TOTAL-COSTS>                                  633,388
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                   213
<INTEREST-EXPENSE>                              35,274
<INCOME-PRETAX>                                 29,145
<INCOME-TAX>                                     9,476
<INCOME-CONTINUING>                             19,669
<DISCONTINUED>                                 (8,069)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    11,600
<EPS-PRIMARY>                                      .10
<EPS-DILUTED>                                      .10