<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FIRST QUARTER 1996 10-Q OF BUILDING MATERIALS CORPORATION OF AMERICA AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <CASH> 12481 <SECURITIES> 38806 <RECEIVABLES> 53285 <ALLOWANCES> 0 <INVENTORY> 74699 <CURRENT-ASSETS> 185920 <PP&E> 178590 <DEPRECIATION> 0 <TOTAL-ASSETS> 474956 <CURRENT-LIABILITIES> 128247 <BONDS> 289615 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (16147) <TOTAL-LIABILITY-AND-EQUITY> 474956 <SALES> 146265 <TOTAL-REVENUES> 146265 <CGS> 107589 <TOTAL-COSTS> 107589 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 7133 <INCOME-PRETAX> 776 <INCOME-TAX> 303 <INCOME-CONTINUING> 473 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 473 <EPS-PRIMARY> 0 <EPS-DILUTED> 0