<ARTICLE> 5 <LEGEND> (Replace this text with the legend) </LEGEND> <CIK> 0000914024 <NAME> The Shaw Group Inc. <MULTIPLIER> 1 <CURRENCY> U.S. Dollars <PERIOD-TYPE> Year <FISCAL-YEAR-END> AUG-31-1996 <PERIOD-START> SEP-01-1995 <PERIOD-END> AUG-31-1996 <EXCHANGE-RATE> 1 <CASH> 2,932,434 <SECURITIES> 0 <RECEIVABLES> 71,286,099 <ALLOWANCES> 0 <INVENTORY> 66,411,960 <CURRENT-ASSETS> 145,004,971 <PP&E> 60,083,299 <DEPRECIATION> 9,194,533 <TOTAL-ASSETS> 205,366,466 <CURRENT-LIABILITIES> 95,379,184 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 50,119,560 <OTHER-SE> 23,202,746 <TOTAL-LIABILITY-AND-EQUITY> 205,366,466 <SALES> 222,017,437 <TOTAL-REVENUES> 222,897,276 <CGS> 180,834,668 <TOTAL-COSTS> 180,834,668 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,970,336 <INCOME-PRETAX> 12,889,970 <INCOME-TAX> 4,216,403 <INCOME-CONTINUING> 8,776,498 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 8,776,498 <EPS-PRIMARY> .94 <EPS-DILUTED> .94