The invention discloses a quaternary platinum-based catalyst used for production of propylene through propane dehydrogenation, and a preparation method and an application thereof. The catalyst treats alumina processed by an alkaline gas as a carrier, precious metal Pt and metal Sn as active components, and M1 and M2 as assistants, M1 is one selected from Na, K, Rb, Mg, Ca and Sr, and M2 is one selected from La, Ce, Pm, Sm, Ti, Ga, In, Zn and Fe. The finally obtained catalyst comprises 0.2-0.3wt% of Pt, 0.1-2wt% of Sn, 0.5-2wt% of M1 and 0.5-2wt% of M2. The preparation method of the catalyst comprises the following steps: preprocessing the alumina carrier by the alkaline gas, and loading Pt, Sn, M1 and M2 through an impregnation process. The catalyst prepared through the method has the advantages of low price, simple operation, high reaction activity, good propylene selectivity, long single-use life and the like when the catalyst is used to catalyze a production reaction of propylene through propane dehydrogenation.