Burton previously revealed he was considering a follow-up to the 1988 horror comedy starring Michael Keaton and Winona Ryder, but is now having doubts about the project.
He said to Vulture magazine: "Those were fun characters, but I'd have to see what the script was like and if it was worth doing - I can't just make it because it's one of the worst ten movies of the year!
“The first two films I did, Pee-Wee's Big Adventure and Beetlejuice, made the ten-worst-movies-of-the-year lists. Then, years later, people said they were my best movies. What? So if those were my best, I'm in real trouble,” he said.
He added: “The point is, even if I wanted to analyse it, I’m not going to make everyone happy. I’ve had conflicting information from the beginning.”
In the same interview, Burton also said that he does not make a conscious decision to work with regular collaborators such as Johnny Depp and his long-term partner Helena Bonham Carter.
“I'm in a no-win situation. Some say I use [Depp] too often, and then others say, 'How come he's not in this one?' Whatever,” he said.
“I don't decide to make a film because of the actors first, even though there are a lot of people I love. I don't think I've ever gone, 'Oh, I want to work with that person', and then specifically found a part for that person, just to work with them.”
Tim Burton’s Frankenweenie is nominated for best animated film at the Oscars.