<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THERMO ELECTRON CORP.'S QUARTERLY REPORT ON FORM 10-Q FOR THE QUARTER ENDED MARCH 30, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-28-1996 <PERIOD-END> MAR-30-1996 <CASH> 774,715 <SECURITIES> 675,752 <RECEIVABLES> 615,809 <ALLOWANCES> 27,861 <INVENTORY> 423,190 <CURRENT-ASSETS> 2,666,557 <PP&E> 1,051,915 <DEPRECIATION> 268,165 <TOTAL-ASSETS> 4,638,413 <CURRENT-LIABILITIES> 937,104 <BONDS> 1,616,170 <COMMON> 90,716 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 1,314,655 <TOTAL-LIABILITY-AND-EQUITY> 4,638,413 <SALES> 533,387 <TOTAL-REVENUES> 635,094 <CGS> 320,536 <TOTAL-COSTS> 400,596<F1> <OTHER-EXPENSES> 35,039<F2> <LOSS-PROVISION> 249 <INTEREST-EXPENSE> 27,398 <INCOME-PRETAX> 75,333 <INCOME-TAX> 22,330 <INCOME-CONTINUING> 40,442 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 40,442 <EPS-PRIMARY> .46 <EPS-DILUTED> .41 <FN> <F1>THIS LINE IS MADE UP OF THE FOLLOWING INCOME STATEMENT ACCOUNTS: "COST OF PRODUCTS", "COST OF SERVICES", AND "RESEARCH AND DEVELOPMENT CONTRACTS". <F2>THIS LINE IS MADE UP OF THE FOLLOWING INCOME STATEMENT ACCOUNTS: "COSTS ASSOCIATED WITH DIVISIONAL AND PRODUCT RESTRUCTURING", "INTERNALLY FINANCED RESEARCH AND DEVELOPMENT" AND "OTHER EXPENSES FOR NEW LINES OF BUSINESS". </FN>