<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
THIS FINANCIAL DATA SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM THE CONSOLIDATED FINANCIAL STATEMENTS INCLUDED IN P & F INDUSTRIES. INC.'S
QUARTERLY REPORT ON FORM 10-Q FOR THE QUARTER ENDED JUNE 30, 2000 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<CASH> 205,082
<SECURITIES> 0
<RECEIVABLES> 10,636,073
<ALLOWANCES> 0
<INVENTORY> 26,126,698
<CURRENT-ASSETS> 38,247,718
<PP&E> 18,805,079
<DEPRECIATION> 7,910,675
<TOTAL-ASSETS> 57,100,423
<CURRENT-LIABILITIES> 18,247,724
<BONDS> 7,875,317
3,647,893
0
<COMMON> 0
<OTHER-SE> 31,226,518
<TOTAL-LIABILITY-AND-EQUITY> 57,100,423
<SALES> 39,390,198
<TOTAL-REVENUES> 39,760,695
<CGS> 27,078,113
<TOTAL-COSTS> 27,078,113
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 677,114
<INCOME-PRETAX> 3,357,676
<INCOME-TAX> 1,271,000
<INCOME-CONTINUING> 2,086,676
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 2,086,676
<EPS-BASIC> .59
<EPS-DILUTED> .57
</TABLE>