Well, remember that all publicly traded companies, meaning those listed on the Toronto Stock Exchange or the New York Nasdaq, are required by law—and have been for decades—to disclose and provide audited public statements to the public.
I was on there this morning and looking at the audited annual reports of all three companies—Loblaws, Metro and Sobeys—for 2021 and 2022. The data is there. It's as clear as day. Net profit margin is not some mystical magical number. It's one of the core numbers used when one evaluates companies from one industry to the next, along with gross profit margin and the return on investment capital. These numbers are not secret.
When I said they're low, well, they just empirically are. There's the net profit margin, for example, of food processors, wholesalers, and it's in the teens for food processors. Banks, pharmaceuticals.... An industry—