Annotation: The article determines that profit is the main source of financing for the development of the enterprise, improvement of its material and technical base. All business activity is aimed at ensuring profit growth or at least stabilizing it at a certain level. The process of accumulation of profit occurs under the influence of internal and external factors. The article considers the role of profit in the development of the enterprise in today's market conditions. The sequence of actions in managing the distribution and utilization of profit of the enterprise is determined. Measures are proposed to improve the target structure of profit utilization of the enterprise, which will improve the financial condition of the enterprise and increase its efficiency.