<ARTICLE> 5 <CIK> 0000701374 <NAME> PREMIER PARKS INC. <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1996 <CASH> 73,766 <SECURITIES> 0 <RECEIVABLES> 8,409 <ALLOWANCES> 0 <INVENTORY> 3,460 <CURRENT-ASSETS> 87,541 <PP&E> 155,260 <DEPRECIATION> 15,107 <TOTAL-ASSETS> 252,114 <CURRENT-LIABILITIES> 8,818 <BONDS> 92,350 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 568 <OTHER-SE> 121,006 <TOTAL-LIABILITY-AND-EQUITY> 252,114 <SALES> 89,792 <TOTAL-REVENUES> 89,792 <CGS> 10,685 <TOTAL-COSTS> 10,685 <OTHER-EXPENSES> 53,859 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 7,657 <INCOME-PRETAX> 17,532 <INCOME-TAX> 7,020 <INCOME-CONTINUING> 10,512 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 10,512 <EPS-PRIMARY> 1.24 <EPS-DILUTED> 1.11