The 2018 49’ers Club, published each year by Alaska Business Weekly. These are the top 49 Alaska companies by gross revenue. The list is dominated by 23 Alaska Native Corporation companies, highlighted in yellow. Since the 1972 ANCSA Land Claims Act, these companies have become the backbone of the State of Alaska economy.

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The 2018 Top 49 Alaska Companies

In Order of Gross Revenue

Rank Company President % Change Gross Revenue
1 Arctic Slope Regional Corporation Rex A Rock Sr +13.62% $ 2,697,962,000
2 Bristol Bay Native Corporation Jason Metrokin +9.8% $ 1,659,345,000
3 NANA Regional Corporation Wayne Westlake +4.2% $ 1,354,000,000
4 Lynden Inc. Jim Jansen +2.7% $ 950,000,000
5 Chugach Alaska Corporation Gabriel Kompkoff +9.3% $ 920,000,000
6 Chenega Corporation Charles W Totemof -5.5% $ 876,000,000
7 Afognak Native Corporation Greg Hambright +28.2% $ 608,104,000
8 Calista Corporation Andrew Guy -2.4% $ 480,200,000
9 Ukpeagvik Inupiat Corporation Anthony Edwardsen +10.9% $ 470,425,629
10 Cook Inlet Region Inc. Sophie Minich +52.0% $ 439,349,000
11 Bering Straits Native Corporation Gail Schubert +9.8% $ 357,900,000
12 Sealaska Anthony Mallott +101.6% $ 293,400,000
13 Doyon Ltd. Aaron Schutt -4.9% $ 290,548,000
14 Koniag Inc. Ron Unger +7.6% $ 270,769,000
15 Olgoonik Corporation Hugh Patkotak Sr. +7.6% $ 260,200,000
16 Ahtna Inc. Michelle Anderson +9.3% $ 238,000,000
17 Goldbelt Inc. Elliott Wimberly +3.2% $ 229,389,285
18 Chugach Electric Corporation Lee Thibert +13.6% $ 224,689,000
19 Aleut Corporation Thomas Mack +23.4% $ 211,837,206
20 Three Bears Alaska Inc. David A Weiz +8.0% $ 187,029,540
21 First National Bank Alaska Betsy Lawyer +1.2% $ 152,325,000
22 Matanuska Electric Association Tony Izzo +8.3% $ 148,701,932
23 Sitnasuak Native Corporation Roberta Quintavell +3.0% $ 134,183,330
24 Davis Constructors & Engineers Inc. Josh Pepperd +83.3% $ 120,084,328
25 Cruz Companies Alaska Dave Cruz -34.7% $ 120,000,000
26 MTA Inc. Michael Burke -8.6% $ 116,648,000
27 Tanadgusix Corp. (TDX) Ron Philemonoff +8.6% $ 111,700,000
28 The Kuskokwim Corporation Maver Carey +17.5% $ 104,276,146
29 Bethel Native Corporation Anastasia Hoffman +38.2% $ 99,197,518
30 Homer Electric Association Inc. Bradley Janorschke +14.2% $ 99,000,000
31 Construction Machnery Industrial Ken Gerondale +0.5% $ 98,500,000
32 Anchorage Chrysler Dodge Corey Meyers +13.4% $ 90,546,881
33 PenAir Danny Seybert -2.7% $ 87,500,000
34 Colville Danny Pfeifer -9.2% $ 87,479,056
35 Delta Constructors Ed Gohr -32.7% $ 81,550,000
36 Usibelli Coal Mine Inc. Joseph E. Usibelli Jr. -1.3% $ 79,000,000
37 Tyonek Native Corporation Leo Barlow -12.4% $ 78,000,000
38 Roger Hickel Contracting Inc. Mike Shaw +30.1% $ 69,514,855
39 Credit Union 1 James Wileman +8.1% $ 65,811,947
40 Udelhoven Oilfield Services Jim Udelhoven -33.1% $ 65,016,912
41 Tatonduk Outfitters, Ltd Robert Everts +17.9% $ 63,800,000
42 Cape Fox Corporation Chris Luchtefeld -4.6% $ 60,632,693
43 Seekins Ford Lincoln Inc. Ralph Seekins +12.2% $ 58,946,067
44 Denali Federal Credit Union Robert Teachworth -3.7% $ 55,828,077
45 Airport Equipment Rentals Jerry Sadler +1.4% $ 55,100,000
46 Vitus Energy Justin Charon -0.9% $ 54,500,000
47 Alaska Village Electric Coop Meera Kohler -6.1% $ 46,500,000
48 Watterson Construction Co. Bill Watterson -21.2% $ 41,000,000
49 Cornerstone General Constractors Joe Jolley +39.2% $ 40,439,104



The 23 Native Corporations brought in $11,952,018,807 in revenue in the 2017 Alaska economy, or 79.4% of all gross revenue from the top 49 Alaska companies. The 26 other Corporations brought in $3,107,185,699 in revenue, or 20.6% of all gross revenue from the top 49 Alaska companies. In the 47 years since the passage of the Alaska Native Claims Act, Alaska Native companies now dominate revenue produced by Alaska companies.