The Walt Disney Company has released its fiscal 2022 earnings report, and while the company is making more revenue in raw numbers than it did before the COVID-19 pandemic, investments in its theme parks remain below 2018 levels and much lower than that if you exclude spending on their newest cruise ship.
In fiscal 2022, Disney Parks recorded $3.44 billion on capital expenditures. How does this stack up? Here’s a look at recent spending in the past decade:
- 2021: $2.27 billion
- 2020: $2.90 billion
- 2019: $4.14 billion
- 2018: $3.88 billion
- 2017: $3.19 billion
- 2016: $4.22 billion
- 2015: $3.60 billion
- 2014: $2.69 billion
- 2013: $2.11 billion
- 2012: $2.88 billion
- 2011: $2.72 billion
- 2010: $1.53 billion
That $3.44 billion figure is up more than $1.1 billion over 2021 spending, but Disney says that a significant portion of that spending was on the “cruise ship fleet expansion”. We hope to learn more about Disney Parks spending in an earnings call that just started.
As always, keep checking back with us here at BlogMickey.com as we continue to bring you the latest news, photos, and info from around the Disney Parks!