Abstract-This paper analyzes the benefits of using HUB formats to implement floating-point arithmetic under round-tonearest mode from a quantitative point of view. Using HUB formats to represent numbers allows the removal of the rounding logic of arithmetic units, including sticky-bit computation. This is shown for floating-point adders, multipliers, and converters. Experimental analysis demonstrates that HUB formats and the corresponding arithmetic units maintain the same accuracy as conventional ones. On the other hand, the implementation of these units, based on basic architectures, shows that HUB formats simultaneously improve area, speed, and power consumption. Specifically, based on data obtained from the synthesis, a HUB single-precision adder is about 14% faster but consumes 38% less area and 26% less power than the conventional adder. Similarly, a HUB single-precision multiplier is 17% faster, uses 22% less area, and consumes slightly less power than conventional multiplier. At the same speed, the adder and multiplier achieve area and power reductions of up to 50% and 40%, respectively.