<ARTICLE> 5 <RESTATED> <CIK> 0000353230 <NAME> OMNICARE, INC <MULTIPLIER> 1 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <CASH> 138,062 <SECURITIES> 0 <RECEIVABLES> 296,519 <ALLOWANCES> 17,994 <INVENTORY> 90,366 <CURRENT-ASSETS> 542,372 <PP&E> 155,365 <DEPRECIATION> 53,703 <TOTAL-ASSETS> 1,412,146 <CURRENT-LIABILITIES> 187,547 <BONDS> 359,148 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 88,261 <OTHER-SE> 741,492 <TOTAL-LIABILITY-AND-EQUITY> 1,412,146 <SALES> 1,034,384 <TOTAL-REVENUES> 1,034,384 <CGS> 725,923 <TOTAL-COSTS> 725,923 <OTHER-EXPENSES> 210,892 <LOSS-PROVISION> 8,370 <INTEREST-EXPENSE> 6,556 <INCOME-PRETAX> 95,933 <INCOME-TAX> 41,828 <INCOME-CONTINUING> 54,105 <DISCONTINUED> 2,154 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 51,951 <EPS-PRIMARY> .61 <EPS-DILUTED> .60