<ARTICLE>       5
<LEGEND>
 
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
THE REGISTRANTS STATEMENTS OF CONSOLIDATED EARNINGS AND CONSOLIDATED
BALANCE SHEETS FOR FISCAL YEAR ENDED JUNE 30, 1994 AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000795403
<NAME>  WATTS INDUSTRIES, INC.
<MULTIPLIER> 1,000
       
                                   
<PERIOD-TYPE>                         YEAR
<FISCAL-YEAR-END>                     JUN-30-1994
<PERIOD-START>                        JUL-01-1993
<PERIOD-END>                          JUN-30-1994
<CASH>                                     65,000<F1>
<SECURITIES>                                    0
<RECEIVABLES>                              83,830
<ALLOWANCES>                                4,488
<INVENTORY>                               153,080 
<CURRENT-ASSETS>                          320,879
<PP&E>                                    230,375 
<DEPRECIATION>                             94,126 
<TOTAL-ASSETS>                            558,850
<CURRENT-LIABILITIES>                      74,348
<BONDS>                                    92,268 
<COMMON>                                    2,948
<PREFERRED-MANDATORY>                           0
<PREFERRED>                                     0
<OTHER-SE>                                358,603
<TOTAL-LIABILITY-AND-EQUITY>              558,850
<SALES>                                   518,541
<TOTAL-REVENUES>                          518,541
<CGS>                                     322,336
<TOTAL-COSTS>                             443,933<F2>
<OTHER-EXPENSES>                            7,273<F3>
<LOSS-PROVISION>                                0
<INTEREST-EXPENSE>                          8,779
<INCOME-PRETAX>                            67,335
<INCOME-TAX>                               26,325
<INCOME-CONTINUING>                        41,010
<DISCONTINUED>                                  0
<EXTRAORDINARY>                                 0
<CHANGES>                                       0
<NET-INCOME>                               41,010
<EPS-PRIMARY>                               $1.38 
<EPS-DILUTED>                               $1.38

<FN>
<F1>Includes 58,769 of short-term investments.
<F2>Includes only cost of goods sold and selling, general and administrative
    expenses.
<F3>Includes interest expense shown below.
</FN>