- An elderly Tootles is one of the characters in the film, and is referred to as Wendy's "first orphan". Tootles was one of the original Lost Boys.
- In both the book/play and the film, Wendy greets Peter by calling him "Boy".
- Granny Wendy recites a prayer-like speech as she leaves Maggie and Jack in the nursery, asking the lights to guard the sleeping babes. This is a direct quotation from the book. In the book Mrs. Darling says, "Night-lights are the eyes a mother leaves behind her to guard her children." (Chapter 2: The Shadow)
- When Tinker Bell is first trying to get Peter to remember her, she says, "I drank poison for you!" This is a direct reference to the events in Chapter 13: Do You Believe in Fairies.
- The invisible dinner sequence is inspired by the lines in the book: "The difference between (Peter) and the other boys at such a time was that they knew it was make-believe, while to him make-believe and true were exactly the same thing. This sometimes troubled them, as when they had to make-believe that they had had their dinners." from Chapter 6: The Little House
- After human-sized Tinkerbell kisses Peter, and he remembers he has to save his children, Tink says to him, "You silly ass, Go!" In the book, Tinkerbell repeatedly calls Peter a "silly ass".
- Toward the end of the movie, Tootles says "I've missed the adventure again, haven't I, Peter?" This is in reference to the book, as it is mentioned that the reason Tootles was so humble was because, by some misfortune, he missed most of the adventures the Lost Boys participated in.
- "When the first baby laughed for the first time, the laugh broke into a thousands pieces and they went skipping about. That was the beginning of fairies." In the film this is recited by Granny Wendy and Maggie Banning. In the book it is spoken by Peter to Wendy. (Chapter 3: Come Away, Come Away!)
- "I can't come with you. I have forgotten how to fly. I'm old, Peter. Ever so much more than twenty. I grew up a long time ago." The line is spoken by an aged Wendy to Peter in both the film and book.
- "Strike, Peter. Strike true." In the film this is spoken by a defeated Hook to Peter. In the book it is spoken by a guilty Tootles to Peter in Chapter 6: The Little House.
- When Peter and his family arrive in London at the start of the film, Peter tells his Children "first impressions are the most important". In the book, Peter tells the lost boys "Look your best, first impressions are awfully important" when they first enter the house they built for Wendy in Chapter 6: The little House.
- When Peter confronts Hook for the final battle at the end of the film, they say: "Peter Pan, prepare to meet thy doom." "Dark and sinister man, have at thee." This exchange is almost directly lifted from the book, Chapter 15: Hook or Me This Time, the original line being: "Proud and insolent youth, prepare to meet thy doom." "Dark and sinister man, have at thee."
- During the duel between Peter and Hook, Hook says "Thus perished Peter Pan". This is a flip of the original line "Thus perished Jas. Hook", which is from Chapter 15: Hook or Me This Time.