<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE THIRD QUARTER 1997 10-Q OF BUILDING MATERIALS CORPORATION OF AMERICA AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-28-1997 <CASH> 44,114 <SECURITIES> 75,878 <RECEIVABLES> 28,277 <ALLOWANCES> 0 <INVENTORY> 89,349 <CURRENT-ASSETS> 309,259 <PP&E> 227,776 <DEPRECIATION> 0 <TOTAL-ASSETS> 694,716 <CURRENT-LIABILITIES> 113,677 <BONDS> 415,902 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1 <OTHER-SE> 116,543 <TOTAL-LIABILITY-AND-EQUITY> 694,716 <SALES> 723,614 <TOTAL-REVENUES> 723,614 <CGS> 521,291 <TOTAL-COSTS> 521,291 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 30,494 <INCOME-PRETAX> 38,172 <INCOME-TAX> 14,887 <INCOME-CONTINUING> 23,285 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 23,285 <EPS-PRIMARY> 0 <EPS-DILUTED> 0