<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Form 10-K for the year ended December 31, 1998 and is qualified in its entirety by reference to such annual report </LEGEND> <CIK> 0000850660 <NAME> Thermadyne Holdings Corp. <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 1,319 <SECURITIES> 0 <RECEIVABLES> 87,905 <ALLOWANCES> 2,852 <INVENTORY> 122,733 <CURRENT-ASSETS> 219,322 <PP&E> 104,997 <DEPRECIATION> 0 <TOTAL-ASSETS> 420,249 <CURRENT-LIABILITIES> 98,159 <BONDS> 710,709 <PREFERRED-MANDATORY> 54,053 <PREFERRED> 0 <COMMON> 32 <OTHER-SE> (496,358) <TOTAL-LIABILITY-AND-EQUITY> 420,249 <SALES> 532,777 <TOTAL-REVENUES> 532,777 <CGS> 340,236 <TOTAL-COSTS> 340,236 <OTHER-EXPENSES> 159,511 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 62,151 <INCOME-PRETAX> (34,760) <INCOME-TAX> 11,415 <INCOME-CONTINUING> (46,175) <DISCONTINUED> 0 <EXTRAORDINARY> (15,137) <CHANGES> 0 <NET-INCOME> (61,312) <EPS-PRIMARY> (10.35) <EPS-DILUTED> (10.35)