How is Disneyland doing financially?

According to a Wednesday filing, the theme parks segment had more than $24 billion in overall revenue for the first nine months ended July 1. That's 17% higher than the first nine months of 2022. Theme park admissions alone accounted for nearly $8 billion of 2023's nine-month total, up 21% from the same period in 2022.



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The company's Parks, Experiences and Products division reported $8.3 billion in revenue, up 13%, and an operating income of $2.43 billion—despite a slowdown at Walt Disney World. Disney's international parks such as Shanghai Disney were the biggest contributor to growth and, but domestically, revenue was up just 4%.

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Revenue: US$88.9b (up 7.5% from FY 2022). Net income: US$2.35b (down 26% from FY 2022). Profit margin: 2.6% (down from 3.9% in FY 2022).

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With costs so high, it's no wonder why many families find it difficult to afford a Disney vacation. A recent LendingTree survey found that 18% of Disney visitors have gone into debt for one or more of their trips to the destination. And among those with Disney debt, 8% say it will take more than a year to pay it off.

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Back in 2023, Disney announced during Star Wars Celebration that there would be more stories and characters and all new adventures coming to Star Tours in 2024. And now we know at least one of those new stories and characters will be Ahsoka, as seen in the new Disney+ series bearing the same name.

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Disney gross profit for the twelve months ending June 30, 2023 was $28.776B, a 3.06% increase year-over-year. Disney annual gross profit for 2022 was $28.321B, a 27.07% increase from 2021.

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Operating all of Disney's parks and resorts cost $14.015 billion in 2019, according to the company's annual report. If the cost to operate was split evenly per park, that would amount to around $5.49 million per park per day.

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Overall, 87% of Americans have been to a theme park or amusement park. Of this group, 74% have visited a Disney park. Baby boomers ages 57 to 76 are the most likely generation to have been to a Disney park. Of the 88% of baby boomers who've been to a theme park, 83% have been to a Disney park.

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